09:13 AM EST, 11/14/2025 (MT Newswires) -- First Solar ( FSLR ) said Friday that it plans to build a new production facility in Gaffney, South Carolina, with an expected cost of $330 million.

The company said the plant will handle final manufacturing steps for its Series 6 Plus modules, which begin production abroad, and is expected to add 3.7 gigawatts of annual output.

First Solar ( FSLR ) said the facility, expected to start commercial operations in H2 of next year, is projected to boost the company's US manufacturing annual nameplate capacity to 17.7 gigawatts in 2027.

Shares of the company were down more than 4% in recent Friday premarket activity.