Suniva Completes $835 Million Capital Raise to Build Second Major U.S. Solar Cell Manufacturing Facility and More Than Quadruple Capacity to 5.5 GW

Suniva completed an $835 million capital raise to build a second U.S. solar cell manufacturing facility in Laurens County, South Carolina. The new 4.5 GW facility, fully funded at approximately $600 million, will more than quadruple the company's total capacity to 5.5 GW, building on its existing 1 GW Norcross, Georgia operation. The project is backed by major institutional investors and is expected to create 564 new advanced manufacturing jobs, strengthening U.S.

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