Power-One Opens First North American Manufacturing Facility in Phoenix
Power-One, Inc. opened its first North American manufacturing facility in Phoenix that will eventually employ 350 people. Power-One’s Phoenix facility will produce its photovoltaic (PV) and wind inverters that convert renewable energy into a usable form of electricity for distribution on the utility grid.
The facility will reach a capacity of 1 gigawatt of product by the end of the year with available site capacity reaching 4 gigawatts, which would generate enough electricity to power up to two million homes. The inverters manufactured at this facility will be installed in residential, commercial and utility settings.
"Power-One is excited to open its manufacturing and research and development center in Arizona, as we bring more jobs to the United States and establish our North American renewable energy footprint," CEO Richard Thompson said. "We view the opportunity to open new markets in the U.S. and abroad, as well as to introduce new technologies, as key drivers to our future success."
Power-One is already expanding Greater Phoenix’s renewable energy supply chain. FAIST, a multinational United Kingdom-based company and a Power-One supplier, announced in December it will establish its first U.S. presence in Phoenix with FAIST GreenTek LLC to manufacture steel and metal structures and employ 100 to 150 people.