A rendering of the planned CubicPV factory.
Source: CubicPVCubicPV Inc. plans to open a US factory for making a key component of solar panels, saying recently passed climate legislation could lead to a renaissance in domestic manufacturing.
Backed by Bill Gates’s Breakthrough Energy Ventures, CubicPV makes monocrystalline silicon wafers, the first building block of a solar cell that conducts energy. The company plans to finalize site selection for the plant in the first quarter of 2023 and complete construction the following year, with full production expected in 2025, according to a statement Thursday. The plant would create 1,500 jobs.