The Jeffersonville PVCells facility is a cornerstone of CS PowerTech's U.S. manufacturing platform, reshoring critical advanced manufacturing, strengthening U.S. supply-chain resilience, and supporting America's energy security.

Jeffersonville Mayor Mike Moore, stated, "CS PowerTech is an important part of Jeffersonville's growth story. This investment reflects the strength of our workforce and our city's position as a premier destination for advanced manufacturing."

Jeffersonville PVCells is the first American PV cell facility designed to produce industry-leading heterojunction (HJT) bifacial N-type solar cells. Together with CS PowerTech's module manufacturing plant in Mesquite, Texas, theJeffersonville facility creates a more localized, vertically integrated supply chain to serve its customers and to strengthen critical U.S. energy infrastructure.

Marc Hildenbrand, Executive Director of the River Ridge Development Authority, said, "CS PowerTech's investment validates River Ridge's long-term vision as a destination for transformational growth. This facility shows how infrastructure, talent, and strong public-private partnerships can attract world-class advanced manufacturing toSouthern Indiana."

At full capacity, the facility is expected to produce more than 6 GWp annually, support more than 1,200 skilled manufacturing, engineering, and technical jobs inSouthern Indiana, and represent nearly$1 billionin local investment.

Rusty Schmit, President of CS PowerTech Inc.,said, "Jeffersonville is a cornerstone of our strategy to build one of North America's most advanced energy manufacturing supply chains. This facility will produce next-generation HJT solar cells, support domestic manufacturing, and ultimately strengthen grid reliability as our customers deploy the products. We are proud to invest inIndiana's workforce and work with regional partners to build a long-term center of excellence for solar technology and advanced manufacturing."

Colin Parkin, Chief Executive Officer of Canadian Solar Inc.,added, "The Jeffersonville facility demonstrates our commitment to scaling one of the world's most advanced solar cell technologies inthe United States. HJT technology is critical for the next generation of high-efficiency, high-performance solar modules, and this plant gives CS PowerTech the ability to deliver leading technology, improved energy yield, and long-term value for customers while strengthening domestic advanced manufacturing."

TheJeffersonville facility will ramp production to full capacity for phase one over the next few months and CS PowerTech expects to begin work on phase two expansion before the end of the year.