U.S.-based energy SEG Solar has completed the acquisition of a building in Houston to locate its manufacturing facility capable of producing over 2 GW of photovoltaic (PV) modules each year.
The facility comprises approximately 145,000 square feet of manufacturing and warehouse space and 16,000 square feet of office space. SEG says it will install three production lines at the facility to produce both TOPCON and high-efficiency N type PV modules using 182mm or 210mm solar cells.
The company plans to source some components locally to manufacture the modules at the facility, with production expected to commence in the first quarter of 2024.
SEG has invested over $60 million, including equipment and facility improvements, in the new facility. It will start relocating its global headquarters and administrative support functions to the facility before the end of this year.
The plant is expected to generate up to 500 new jobs in the local Houston area, SEG notes.
“SEG is excited to establish a manufacturing base in Texas and is looking forward to serving the U.S. market with more domestic production,” said SEG’s Vice President and CLO Michael Eden. “This facility will help to sustain low carbon, eco-centric energy independence in the U.S. for future generations.”
By the end of 2024, SEG expects to ship more than 2 GW of PV modules annually, the company said.
The release about the acquisition does not name who the seller of the building was. Other reports indicate that California-based SEG plans to move its corporate headquarters from that state to Houston in the near future.