Indianapolis, Indiana — According to state and local development sources, Bila Solar plans to invest $35,000,000.00 to build out 150,000 square feet of new space in Indianapolis. The company is creating 240 new jobs at this facility. The company plans to occupy the new space at 1249 S. White River Parkway East Drive in Indianapolis, on or about July 1, 2024. According to the company website Bila Solar combines the proven benefits of crystalline silicon solar cells with our patented aerospace composites. Weve launched a new category of high-efficiency, ultralight solar panels that can be installed where others cant. Our glass-free and flexible PV panels are an excellent choice for low load-bearing commercial roofs, carports, and curved surfaces. Bila Solar’s glass-free 520 W solar panels weigh 70 percent less than conventional modules. They’re easier and faster to install everywhere. Bila Solar believes in creating revolutionary clean technologies. Our innovative products deliver groundbreaking solar solutions to markets that glass modules underserve. We make it possible to capture clean energy everywhere, including low-load bearing roofs, vehicle integrated photovoltaics, architectural applications, and off-grid energy. Founded in 2014, Bila Solar quickly grew to more than 500 MW of installations worldwide. Today, we operate a 1 GW manufacturing facility in Asia, and we’re expanding to the US. The 1 GW-scale manufacturing plant in Indianapolis, Indiana, is scheduled to be operational mid-2024.

To learn more about Bila Solar, visit http://www.bilasolar.com/

Company Contact:
Sanjeev Chaurasia, Chief Financial Officer
sanjeev@bilasolar.com
703-907-0010

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