Consultants Forum Advertise
Subscribe
Close

  • Free for qualified executives and consultants to industry

  • Receive quarterly issues of Area Development Magazine and special market report and directory issues

Subscribe Now
Renew

Area Development - Site Selection, Facility Planning and Workforce Development

Ebon Solar Plans Albuquerque, New Mexico, Production Operations

08/09/2024
Ebon Solar, a solar cell manufacturing company, plans to establish production operations in Albuquerque, New Mexico. The approximately $942 million project is expected to create more than 900 jobs.

The investment will include the construction of a new 834,000-square-foot solar cell manufacturing facility in Mesa del Sol.

“Ebon Solar is proud to be an innovator in technologies that support renewable energy,” Ebon Solar CEO Judy Cai said. “The choice of Albuquerque for our investment aligns with our commitment to sustainable innovation, and New Mexico offers abundant solar resources, favorable renewable energy policies, and a dedicated, skilled workforce. These factors enhance Ebon Solar’s capital investment and production capabilities and make the City of Albuquerque, Bernalillo County, and the State of New Mexico ideal partners as we integrate into the clean energy market.”

Delaware-based Ebon Solar is leveraging advanced chip technology and financial resources from Ebang International Holdings Inc., a Singapore-based blockchain and fintech company with offices in China and Australia.

‘We welcome Ebon Solar. This is a company that wants to diversify its business mix and sees New Mexico as the place to develop its innovative solar technology and build a skilled, high-paid workforce,” noted Melinda Allen, president and CEO of the New Mexico Partnership, the nonprofit private marketing arm of the New Mexico Economic Development Department.

“We are thrilled to welcome Ebon Solar to the market; it not only represents a significant capital investment and new jobs to the community but aligns with PNM’s sustainability goals,” added Don Tarry, president and CEO of PNM and the 2024 AREA Board Chair.

Exclusive Research