SPI Energy's Solar4America to Provide Update on Manufacturing Expansion Plans at PV CellTech USA
Portfolio Pulse from Benzinga Newsdesk
SPI Energy's subsidiary, Solar4America, will provide an update on its manufacturing expansion plans at PV CellTech USA 2023. The company's manufacturing facility in Sacramento currently produces approximately 700MW, with total combined capacity of the California and South Carolina locations expected to reach 2.4GW in 2024.
October 02, 2023 | 7:58 am
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POSITIVE IMPACT
SPI Energy's Solar4America is expanding its manufacturing capabilities, which could potentially increase the company's production and revenues.
The expansion of Solar4America's manufacturing capabilities indicates SPI Energy's commitment to growth and increased production. This could potentially lead to increased revenues and a positive impact on the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100