Cambodia-headquartered solar panel manufacturer New East Solar Energy will start a 2-GW solar panel factory in Phoenix, Arizona.
NE Solar will target commercial and utility-scale customers with its U.S. manufacturing, with a target production start date of late Q2 2024. The Phoenix site is expected to create 350 jobs.
“With the Inflation Reduction Act as a catalyst, we are thrilled to contribute to the U.S. economy by creating 350 jobs with this new venture,” said CEO Bill Huang. “We’re applying the same efficiency in the U.S. as we demonstrated with our Indonesia facility, which was operational within just six months of announcing. We expect to lean on this experience for our new facility.”
The building has already been selected and NE Solar is awaiting delivery of essential production equipment.
NE Solar has its own brand of solar panels while also manufacturing for Chinese Tier 1 brand ZNShine. After a lengthy investigation, NE Solar was included as a company circumventing Chinese antidumping/countervailing duties by working in Cambodia, and NE Solar product from Cambodia is now tariffed under the new AD/CVD rules. This new U.S. factory prevents any importing issues.