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DFC CEO Marks U.S. $500 Million Loan for Strategic Supply Chain Diversification With Launch of New Energy Manufacturing Facility in India

Electonics & Semiconductors | Utility Scale Solar PV | Investments

The U.S. International Development Finance Corporation (DFC) has invested $500 million in a solar panel manufacturing facility in Tamil Nadu, India, to diversify critical supply chains, create jobs, and support India's clean energy goals. This investment reflects the strong partnership between the U.S. and India in driving economic growth through green industries and innovation.


The $500 million loan was to support the establishment of First Solar’s new solar cell facility. First Solar is the world's leading - and one of the very few - thin film solar cell makers.

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