Mitsubishi Motors (MMTOF) plans to invest $3.9B to boost solar power generation in the U.S., Masaki Kondo of Bloomberg reports, citing Nikkei newspaper. The investment will help Nexamp scale its solar power capacity to 2.9M kilowatts by 2028 from its current 1.1 kw. Additionally, Nexamp will use U.S.-made solar panels from Silfab Solar to sidestep U.S. tariffs on imported gear.
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