Mission Solar Energy turned 10 years old this year and is prepping for the next decade with a long-awaited 1 GW expansion plan. In the announcement, the company highlights the recent passage of the Inflation Reduction Act and its incentives expanding domestic manufacturing as well as its supply chain sourcing strategy.
‘By 2035, solar installations are expected to quadruple from current levels. At present, four percent of the electricity fed to American energy grids is generated by solar,” said Jae Yang, President and CEO of Mission Solar Energy. “The U.S. aims to have 40 percent of its electricity generated by solar technology by 2035. These are exciting opportunities for us as a company. Additional motivated team members will be needed to help us build a greener future,”
The company will add to its 300MW production capacity immediately, with plans to reach 1GW annually in 2024. Expansion of the Mission Solar facility will begin in Q4 2022. On the sourcing side: OCI Company Ltd., the module manufacturer’s parent company in Seoul, South Korea, plays a vital role providing polysilicon.
Mission Solar has produced American-built solar modules in its 246,000 square-foot facility since its founding. The manufacturing headquarters is situated on 86 acres in south San Antonio at Brooks, a mixed-use community located on the former Brooks Air Force Base.
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