Item 2. Properties

As of December 31, 2024, our principal properties, which pertain to our modules business, consisted of the following:


Nature	Location	Held
Corporate headquarters	Tempe, Arizona, United States	Lease
R&D facility	Santa Clara, California, United States	Lease
Manufacturing plants, R&D facilities, and administrative offices	Perrysburg and Lake Township, Ohio, United States	Own
Manufacturing plants	Kulim, Kedah, Malaysia	Lease land, own buildings
Manufacturing plants	Ho Chi Minh City, Vietnam	Lease land, own buildings
Manufacturing plant	Tamil Nadu, India	Lease land, own buildings
Manufacturing plant	Trinity, Alabama, United States	Own
Manufacturing plant (1)	Iberia Parish, Louisiana, United States	Lease land, own buildings

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(1)Manufacturing plant currently under construction; operations are expected to commence in the second half of 2025.