South Korea's OCI Plans $265 Million Solar Cell Plant in Texas
OCI Holdings Co. plans to spend $265 million building a solar-cell production facility in Texas, despite shifting priorities around clean energy in the US following the election of Donald Trump as president.
The plant is expected to have production capacity of around 2 gigawatts of solar cells, with commercial operations slated to start by 2026, according to a statement from the South Korean company on Thursday. The project will be developed by OCI's US subsidiary, Mission Solar Energy.
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