OCI Holdings to build 2GW solar cell plant in Texas

Jonathan Touriño Jacobo | Source: PV Tech | Posted 03/21/2025

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Commercial production for the initial 1GW nameplate capacity is expected to begin in the first half of 2026, with a gradual increase to reach 2GW of annual nameplate capacity during the second half of 2026.

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OCI Holdings, a South Korean chemical company, is set to construct a 2GW solar cell production facility in Texas, investing $265 million through its US subsidiary, Mission Solar Energy. The plant aims to commence commercial production of its initial 1GW capacity in the first half of 2026, with plans to gradually increase to 2GW by the latter half of the same year. The decision to build the plant is influenced by the re-election of Donald Trump, which has led to heightened US tariff policies against China, creating market uncertainties that OCI seeks to navigate by enhancing its competitiveness in the US solar market.

OCI's project will utilize non-Chinese polysilicon sourced from its subsidiary, OCI TerraSus, to establish a clean solar supply chain. The company anticipates benefiting from tax credits under the Inflation Reduction Act, which will further support the construction of the facility. With the US solar cell manufacturing capacity lagging behind module production, OCI's new plant is positioned to address this gap, allowing for the supply of domestically produced solar cells to module manufacturers and contributing to the overall growth of the US solar industry.

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OCI Holdings to build 2GW solar cell plant in Texas

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