1366, currently based in Bedford, Massachusetts, will by the second quarter of 2016 kick off construction at a wafer plant in Batavia, New York, in the Finger Lakes region.

A spokeswoman emphasised that the factory is a "multi-phase project", with an initial 250MW of production capacity , or 50 furnaces, due online in 2017.

But the factory will be "quickly" ramped to 1GW, and 1366 expects it to reach 3GW and 600 workers within five years, the spokeswoman tells Recharge.

The