In a groundbreaking announcement, First Solar, the largest solar energy manufacturer in the Western Hemisphere, unveiled plans to build its fifth U.S. manufacturing facility at Acadiana Regional Airport in New Iberia, Louisiana, and they plan to rely on research from UL Lafayette, according to this news release.
This exciting development represents a monumental investment, with First Solar allocating a staggering $1.1 billion into this project—a sum believed to be the largest single capital investment in the region’s history. Notably, this strategic location places the facility within close proximity to UL Lafayette, fostering a symbiotic relationship that will undoubtedly shape the future of solar energy in the area.
First Solar has ambitious goals for this new venture, aiming to create over 700 direct jobs with an annual payroll exceeding $40 million. A significant portion of the workforce will be sourced from UL Lafayette, underlining the close collaboration between the university and the solar energy giant. The facility’s primary objective is to produce high-performance photovoltaic (PV) solar modules, with construction anticipated to conclude by 2026.
Beyond job creation and economic development, First Solar envisions a deep partnership with UL Lafayette researchers across various domains, including technology development. The company also plans to offer internship opportunities for students and utilize university facilities for testing and training. Central to this collaboration is Antoun Hall, home to the Louisiana Solar Energy Lab—a sprawling 4,200-panel solar field spread across 6 acres. Adjacent to this field is a 4,500-square-foot building at University Research Park. This combined solar field and lab position UL Lafayette as a hub for solar research, technology development, instruction, training, outreach, and workforce development.
Dr. Ramesh Kolluru, the University’s Vice President for Research, Innovation, and Economic Development, echoed this sentiment, highlighting the importance of collaborations between research universities like UL Lafayette, industry partners, and local entities like Acadiana Planning Commission, One Acadiana, Lafayette Economic Development Authority, and Iberia Parish leaders. These collaborations have been instrumental in achieving economic development milestones, facilitated by the impactful work of researchers like Dr. Chambers.
The Louisiana Economic Development (LED) estimates that in addition to the direct jobs created by First Solar, the presence of the company will result in at least 694 new indirect jobs. When combined with the 700 new direct jobs, this equates to a total of approximately 1,400 new jobs in the Acadiana region. Louisiana Governor John Bel Edwardscelebrated this achievement, asserting that the selection of Iberia Parish for First Solar’s new solar panel production facility signifies Louisiana’s leadership in the global energy transition and the creation of well-paying jobs.
First Solar stands out among the world’s top 10 solar manufacturers as the only U.S.-headquartered company not manufacturing in China. Their tellurium-based semiconductor technology allows them to bypass dependence on Chinese crystalline silicon supply chains, making them a unique player in the industry. Mark Widmar, Chief Executive Officer of First Solar, emphasized their commitment to creating enduring value for America by expanding solar manufacturing and domestic value chains. The new Louisiana facility will be tasked with producing First Solar’s Series 7 modules, which are expected to be manufactured with 100% U.S.-made components. This aligns with current domestic content guidance issued by the U.S. Department of Treasury. Once the factory is operational, Series 7 modules will account for over two-thirds of First Solar’s annual domestic nameplate capacity.
In closing, First Solar’s monumental investment in Louisiana signifies a turning point in the renewable energy landscape. It showcases the power of collaboration between industry leaders like First Solar and esteemed educational institutions like UL Lafayette in propelling the nation toward a sustainable energy future. As we witness the convergence of cutting-edge technology and academia, the benefits will not only be economic but also environmental, reinforcing the significance of investing in renewable energy sources.
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