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Silfab Solar
Company Overview
Silfab Solar
Fort Mill, SC, United States
2010
Approximately 800 employees and estimated revenue of $217.3 million in 2023 (source: zoominfo.com).
What They Do
Silfab Solar focuses exclusively on photovoltaic module design, development, and manufacturing, producing high-efficiency solar panels tailored for North American conditions. The company utilizes advanced technologies such as TOPCon cells at its South Carolina plant and integrates proprietary SABC methods via recent patent acquisitions to enhance electrical performance (source: cbinsights.com). Its product lineup includes the premium Silfab Elite Series modules, which have received an "Excellent" rating on EnergySage.com and were recognized as a 2024 Kiwa PVEL Top Performer, emphasizing maximum power density, reliability, and compliance with Buy American standards for various applications (source: silfabsolar.com). The company targets installers, distributors, and businesses across North America, delivering modules from automated lines that prioritize domestic content to meet regional demand and policy incentives (source: cbinsights.com). Silfab differentiates itself through its leadership in premium-quality PV modules, operational experience as the largest private U.S. manufacturer, and rapid technology integration, positioning it ahead of competitors reliant on imports (source: silfabsolar.com).
Projects & Track Record
While specific completed project names and capacities are not detailed in available records, Silfab Solar supplies modules for utility-scale and community solar developments. Notably, the company has partnered with Pivot Energy for next-generation U.S.-made panels and has a supply agreement with Nexamp, one of the largest U.S. community solar developers, announced on December 17, 2024 (source: zoominfo.com). Ongoing expansions include scaling the Fort Mill, South Carolina cell manufacturing facility to operational status by late 2024, with a capacity of 1 GW for cells and 1.3 GW for modules, supported by recent financing (source: silfabsolar.com). Key clients encompass Pivot Energy and Nexamp, with partnerships involving technology providers like EnPV for patent acquisitions enabling SABC integration (source: cbinsights.com). Geographically, Silfab maintains a strong North American footprint across Canada and the U.S., with expansions focused on reshoring production to meet domestic demand (source: silfabsolar.com).
Recent Developments
In the last two years, Silfab Solar closed a $100 million financing round on November 21, 2024, which included $50 million in equity led by ARC Financial Corp. and a $50 million senior secured Green Loan to scale its Fort Mill cell plant, bringing total funding to $230 million (source: silfabsolar.com). The company also announced supply agreements with Pivot Energy and Nexamp in 2024 for U.S.-made panels targeting community solar projects (source: zoominfo.com). Additionally, Silfab acquired patents and trademarks from EnPV, including a solar module patent granted on December 12, 2023, to advance SABC technology for the Elite Series (source: cbinsights.com). Milestones include achieving 2024 Kiwa PVEL Top Performer status and ramping up U.S. facilities, with no reported mergers or additional acquisitions beyond intellectual property deals (source: silfabsolar.com).
Working There
Silfab Solar employs around 800 people across various functions, including manufacturing, engineering, and support roles. The leadership team includes President and CEO Paolo Maccario, along with a CFO and COO, indicating a structured approach to production operations, cell and module fabrication, automation, innovation/R&D, finance, sales, and customer support (source: zoominfo.com). Hiring is currently active at U.S. sites, particularly in Fort Mill, South Carolina, and Burlington, Washington, to support capacity growth and create American jobs, as emphasized in recent financing announcements (source: silfabsolar.com). The company culture promotes a safe and equitable workplace, respect for partners and communities, ethical standards, and employee-driven innovation, with all facilities featuring automated lines and a focus on local partnerships (source: silfabsolar.com). While specific benefits are not publicly detailed, the expansion plans highlight job creation and a mission to reduce carbon emissions through manufacturing, suggesting competitive packages aligned with industry norms in renewable energy (source: silfabsolar.com).
Contact
Last updated on 2025-12-26 | Report an issue
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