Update: Suniva Begins Expansion to Increase U.S. Solar Cell Capacity to 5.5 GW
Business Wire•10/11/2026•07:00 ET
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Key Highlights
- ➤$600 million Laurens County project will add 4.5 GW of solar cell capacity
- ➤5.5 GW total U.S. capacity targeted, up from 1 GW today
- ➤Initial production expected late 2027; full production ramp targeted for 2028
- ➤$835 million debt and equity financing closed in early September 2026
- ➤SUNation reverse merger would create Nasdaq-listed Suniva under ticker SUNV
Expert Statements
Tony Etnyre, CEO of Suniva
“Our team continues to execute on Suniva’s growth strategy, while helping drive long-term U.S. energy independence”
Tony Etnyre, CEO of Suniva
“Our focus is bringing our new Laurens County facility online on schedule as we move from our current 1 GW of U.S. solar cell capacity to 5.5 GW, giving U.S. solar companies the domestic cell supply they need to grow.”
Tony Etnyre, CEO of Suniva
“The U.S. has built far more module assembly capacity than cell capacity, and this facility takes aim at that gap.”
Tony Etnyre, CEO of Suniva
“We continue to make progress toward our proposed reverse merger with SUNation Energy and look forward to leveraging the strength of the combined company as we scale.”
Update: Suniva Begins Expansion to Increase U.S. Solar Cell Capacity to 5.5 GW
New 4.5 GW South Carolina facility backed by September’s $835 million financing; Expects initial production in late 2027 and full ramp in 2028
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