Silfab Solar

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Growth
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Solar equipment manufacturers
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Silfab Solar is a North American leader in the design, development, and manufacturing of high-efficiency, premium-quality photovoltaic (PV) solar modules. The company leverages over 40 years of experience in the solar industry and utilizes state-of-the-art automation, precision engineering, and rigorous quality control measures to produce durable, reliable, and high-performing solar panels specifically designed for the North American market.

Silfab offers a range of residential, commercial, and utility-scale solar module series, including the Elite Series, Prime Series, and Commercial Series. The Elite Series panels, manufactured exclusively in the US, boast the highest efficiency ratings, with innovative back-contact technology and integrated cell design to maximize light capture and conversion. The Prime Series caters to homeowners seeking high-quality, aesthetically pleasing panels, while the Commercial Series targets large-scale projects requiring maximum power density.

The company's solar modules are rated among the top performers by industry organizations like PVEL and EnergySage, with efficiency ratings ranging from 19.2% to 21.4%. Silfab's panels are engineered to withstand harsh North American weather conditions, including extreme temperatures, wind, and hail, with certifications for wind load resistance up to 5400 Pa and hail impact resistance up to one inch at 51.6 mph.

In March 2023, Silfab announced plans to open a third US manufacturing facility in 2024, with an initial annual capacity of one gigawatt for solar cell production and 1.2 gigawatts for module assembly. This expansion was supported by a USD 125 million investment from ARC Financial Corp.'s Energy Fund nine and co-investors, enabling Silfab to further strengthen its domestic supply chain and accelerate its US manufacturing strategy.


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Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
240 Courtneypark Drive East Mississauga ON CAN
Founded year:
2010
Employees:
501-1,000
IPO status:
Private
Total funding:
USD 125.0 mn
Last Funding:
-
Last valuation:
-
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