On Monday, Canadian Solar Inc., based out of Ontario, announced it will be building an $800 million solar panel factory in the southeastern portion of Indiana which will employ about 1,200 workers once production full ramps up.

The company said the new factory for the manufacture of photovoltaic cells would be built at the River Ridge Commerce Center in Jeffersonville, an Ohio River city which sits north of Louisville Kentucky.

The factory is expected to begin production in 2025, at which point the plant will be producing about 20,000 high-power solar panels each day, according to the company, based out of Guelph, Ontario.

The finished cells will be sent to the company’s Mesquite, Texas module-assembly facility.

Dr. Shawn Qu, founder and CEO of Canadian Solar said, “Establishing this factory is a key milestone that will enable us to better serve our U.S. customers with the most advanced technology in the industry.”

The company said it will begin the hiring process for the new positions at the new facility in roughly the middle of next year, and then accelerate the hiring process in early 2025 to fully staff the Jefferson plant.

In a statement, Gov. Eric Holcomb said the new Jeffersonville plant “will put our skilled Hoosier workforce at the center of cultivating solar power, making energy efficient panels more accessible to consumers across the country.”

Canadian solar has been provided up to $9.7 million in tax credits and as much as $400,000 in conditional training grants by the Indiana Economic Development Corporation, among other incentives. Those state benefits will be made available once investments are made, and employees have been hired and trained.