Ebon Solar Locating in Albuquerque, NM with $942M investment

Ebon Solar LLC is investing nearly $1 billion to build and establish a solar cell manufacturing facility in Albuquerque, New Mexico. It’s a significant greenfield investment for Delaware-based Ebon Solar, which plans to make the New Mexico manufacturing complex a home for advanced end-to-end solar cell manufacturing.

“Ebon Solar is proud to be an innovator in renewable energy technologies,” said Judy Cai, CEO of Ebon Solar. “Choosing Albuquerque for our investment aligns with our commitment to sustainable innovation, and New Mexico offers abundant solar energy resources, favorable renewable energy policies and a dedicated, skilled workforce. These factors enhance Ebon Solar’s ​​capital investment and manufacturing capabilities and make the City of Albuquerque, Bernalillo County and the State of New Mexico ideal partners as we integrate into the clean energy marketplace.”

“We have succeeded in making New Mexico a global center for advanced energy manufacturing,” said Governor Michelle Lujan Grisham. “Ebon Solar joins other leading companies that embrace New Mexico’s commitment to renewable energy, its talented, dedicated workforce and the opportunities we provide for job training and free college.”

“We welcome Ebon Solar. This is a company that is looking to diversify its business mix and sees New Mexico as a place to develop its innovative solar technology and build a skilled, high-wage workforce,” said Melinda Allen, president and CEO of the New Mexico Partnership, the nonprofit private marketing arm of the New Mexico Economic Development Department.

Ebon Solar plans to build an estimated 834,000-square-foot solar cell manufacturing facility in Albuquerque’s Mesa del Sol industrial area, creating more than 900 new jobs.

“We’re bringing more opportunities to our families in industries that will help us build a sustainable economy and a sustainable city,” said Albuquerque Mayor Tim Keller. “That means more good-paying jobs for residents as Albuquerque continues to lead the way in clean energy.”

The Albuquerque Regional Economic Alliance served as a key project management partner throughout Ebon Solar’s ​​market evaluation process, facilitating numerous site visits, interviews, and data analysis in the region, as well as providing site selection support.

Get all the latest news on New Mexico economic development, business relocation, business expansion and site selection.