DFC To Finance Upto $500 Million To First Solar for 3.3 GW Facility in Tamil Nadu
9 December 2021
The United States International Development Finance Corporation (DFC) announced approval of up to $500 million of debt financing to First Solar—an investment that will significantly boost the company’s solar panel manufacturing capacity while also generating momentum for ongoing U.S. efforts to develop global supply chains that are free from the use of forced labor.
First Solar is the largest American solar manufacturing company, as well as the only U.S. company among the world’s ten largest solar manufacturers.
The loan announced represents the largest single debt financing transaction ever for the DFC, and will support First Solar’s vertically integrated photovoltaic (PV) solar module manufacturing facility in Tamil Nadu, India, with a projected annual capacity of 3.3 gigawatts.
Related
-
6 GW of Dutch batteries about to get grid access
29 October 2025
-
Philippines DoE unveils framework for carbon credits in energy sector
20 October 2025
-
Costa Rica gets $250m EIB loan for electric rail project
17 October 2025
-
Zimbabwe plans competitive bidding for electricity projects
15 October 2025
-
Malaysian utility launches rebate program for residential PV
24 September 2025
-
Skanska lands three US jobs worth $256m
19 September 2025


京公网安备
11010802030424号
京ICP备19046776号-2