up and running

Houston solar modules manufacturer opens new $60M facility

In addition to the ribbon cutting for the new facility, SEG Solar rolled out its first 585-watt YUKON N series module during the opening on August 9. Photo courtesy of SEG Solar

A Houston-based photovoltaic manufacturer has celebrated the opening of its new manufacturing base in Houston.

SEG Solar's new facility spans 250,000 square feet and will house production workshops, raw material warehouses, administrative offices, finished goods warehouses, and supporting infrastructure. It features two intelligent manufacturing lines that will produce the latest N-type high-efficiency PV modules, which is expected to have production capacity exceeding 2 gigawatts annually. The project cost $60 million.

“The Houston plant is a key part of SEG’s strategy to serve the U.S. market,” Jim Wood, CEO of SEG, says in a news release. “With new workshops, production lines, and equipment, SEG will offer a refreshed experience to the U.S. market.”

In addition to the ribbon cutting for the new facility, SEG Solar rolled out its first 585-watt YUKON N series module during the opening on August 9, which helps establish SEG as one of the first manufacturers to achieve module production in the United States.

The production lines will be compatible with 182mm and 210mm N-type cells and will be fully equipped with automated intelligent manufacturing systems, which can ensure seamless integration of automation, information and intelligence. The technological collaboration assists with manufacturing efficiency. The workshop will feature advanced ERP and MES systems for refined management and traceability of incoming materials.

SEG has shipped over 5 gigawatts of solar modules worldwide. The company says it expects to exceed a production capacity of 5.5 gigawatts by the end of 2024. According to SEG, customers will benefit from faster delivery times and enhanced after-sales service after the opening of the Houston plant. Houston’s key location will help reduce transportation costs, according to the company. Expanding out of Houston and the U.S. market, SEG plans to establish Southeast Asia's largest photovoltaic industrial park in Indonesia in 2025.

SEG hopes to establish its global R&D center at the Houston PV manufacturing base before the end of 2024 that will offer testing services, like LID tests, Damp Heat tests, PID tests, and Light and LeTID tests.

“As a leading U.S. solar company, SEG is proud to be among the first to respond to the call for domestic manufacturing by constructing a solar module factory in the U.S.,” Wood says in his keynote speech at the opening ceremony. “The completion of the Houston plant marks a significant milestone for SEG and a major advancement in U.S. module manufacturing technology.

"Looking ahead, SEG will continue to deepen its investments in wafers, cells, and modules, closely tracking market trends to meet our customers' needs," he continues. "Through strategic collaborations across the supply chain, we aim to continuously optimize and enhance the U.S. PV manufacturing industry.”

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A View From HETI

Houston-based SLB says the acquisition will help it dramatically scale revenue generated by its data center business. Photo courtesy SLB

Houston’s SLB has announced plans to acquire German thermal management and heat exchange technology organization Kelvion for approximately $4 billion.

SLB reports in a news release that the acquisition is expected to boost its Data Center Solutions business, as thermal management technologies are key to cooling artificial-intelligence-related infrastructure. Data centers continue to pose numerous challenges, but SLB believes thermal management technology can help ease energy burdens.

“Data centers are becoming more sophisticated and energy-intensive, and customers are increasingly looking for partners that can optimize how critical systems work together across the facility and help bring new capacity online faster,” Gavin Rennick, president of SLB’s New Energy and Industrial business, said in the release. “Thermal management is central to that challenge, and this acquisition allows us to address it directly by delivering more integrated cooling solutions, accelerating innovation, optimizing thermal efficiency, and more directly embedding thermal management into our modular infrastructure offering.”

SLB will acquire Kelvion from funds managed by New York-based financial services group Apollo Global Management Inc. for approximately $3.4 billion in cash and will assume about $700 million of debt, according to the release. The deal is expected to close in Q1 of 2027.

SLB says the acquisition will help it dramatically scale revenue generated by the data center sector.

“This transaction accelerates our ambition to become an industrial technology partner to the data center industry and help customers address the growing infrastructure complexity required to scale AI,” Olivier Le Peuch, CEO of SLB, added in a news release. “Kelvion advances our path toward more integrated data center infrastructure solutions, expands our addressable market — more than doubling our revenue opportunity per gigawatt of delivered capacity — and allows us to scale both our offerings and the global reach of the business.”

SLB reports that it expects its Data Center Solutions business revenues to grow by more than 90 percent annually between 2024 and 2026.

If the acquisition is approved, the combined company will target revenue of $4.5 billion to $5 billion for its data center solutions business in 2028, according to the release.

Kelvion has previously served customers in AI infrastructure, energy system transformation and energy/ industrial markets. Its past work focuses on heat pumps, renewables, carbon capture and processing solutions for thermal management. According to the news release, Kelvion's data center revenue is expected to reach about $1.2 billion in 2026, and the sector is considered the company’s "largest and fastest-growing end market.

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