Awendio Solaris Invests $1B in Canadian Solar Factory
Update: 2025-12-18
Description
Awendio Solaris, a British company, is set to invest $1 billion in Canada, establishing a solar technology factory in Montreal. The project aims to produce solar cells and panels, targeting North American power companies, with an initial capacity of 2,500 megawatts per year. The company, led by CEO Marc Deschamps, plans to create nearly 1,000 jobs and serve both Canadian and U.S. markets. Notably, several Indigenous groups are joining as investor-partners, reflecting a growing trend of First Nations investing in projects on their lands.
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