New Mexico Welcomes $942M Solar Industry Investment by Ebon Solar

Key Highlights:

  • $942 million investment in New Mexico's solar industry.

  • 900+ new jobs to be created at Albuquerque’s Mesa del Sol.

  • 834,000-square-foot solar cell manufacturing facility planned.

  • Ebon Solar aims to lead in advanced solar technology and sustainable innovation.

  • Albuquerque continues to grow as a hub for clean energy.

Source (Direct)

Notable Quotes:

“We have succeeded in making New Mexico a global center for advanced energy manufacturing.”

Gov. Michelle Lujan Grisham at New Mexico

“Ebon Solar is proud to be an innovator in technologies that support renewable energy.”

Judy Cai, CEO at Ebon Solar

“This means more high-paying jobs for locals as Albuquerque continues to become a leader in clean energy.”

Mayor Tim Keller at Albuquerque

Our Take:

The partnership between Ebon Solar and New Mexico underscores the state’s growing reputation as a leader in renewable energy and advanced manufacturing. The substantial investment of $942 million not only represents a significant economic boost but also aligns with New Mexico’s strategic focus on sustainable development. By fostering a favorable environment for green industries, New Mexico is positioning itself at the forefront of the clean energy revolution, driving job creation, and sustainable economic growth. This initiative is expected to have long-term positive impacts on the local economy and the broader solar industry.