First Solar Rejects US Site for New Factory, Eyes Europe or India Instead

(Bloomberg) — First Solar Inc. has decided against building a new factory in the US, citing uncertainties regarding trade policy and tax incentives.

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The biggest US solar manufacturer is still planning a manufacturing facility in either Europe or India, and Chief Executive Officer Mark Widmar expects to make a final decision within 90 days. That would come after the company completes a third US plant early next year in Ohio and its first factory in India in the second…