Combined with an earlier agreement of around the same volume, this cooperation represents approximately 2.5 billion US dollars in sales over the next 10 years.
See also: Collaboration for quantum dot-enhanced PV modules
Considering the requirements of this expansion, Vitro will invest an estimated $180 million to upgrade one of the furnaces at the plant in Meadville, Pennsylvania, as well in adapting additional existing facilities, to support First Solar's growing manufacturing capacity in the US.
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Vitro's plants are well-placed to meet First Solar's needs and already have the required raw materials for production, which is expected to begin in the first quarter of 2026. (mfo)