Suniva raises $835 million to support construction of a new solar cell manufacturing facility in South Carolina, the company says. The funding is aimed at expanding domestic production capacity by about 4.5 gigawatts, according to reported plans.
Outlets describe a large manufacturing investment tied to this capacity expansion. PV Magazine reports that Suniva plans a new $600 million facility in Laurens County, South Carolina, with a planned opening in late 2027. It also reports expected creation of about 564 manufacturing jobs at full capacity. Energy Monitor likewise reports the completed $835 million capital raise, focusing on the purpose of financing the new plant.
While both sources agree on the amount raised and the construction of a South Carolina solar cell plant, they emphasize different details: one highlights the facility cost, location, timeline, and projected job numbers, while the other summarizes the fundraising and manufacturing-plant objective more generally.
