The agreement establishes a dual-source supply chain to support regulatory compliance for TOYO’s solar manufacturing operations in Ethiopia and the United States.
The transaction involves Section 45X credits generated from solar module manufacturing through December 2025.
Trina Solar has completed the sale of its 5 GW US solar module factory to T1 Energy, exiting direct manufacturing while retaining a minority equity stake.
The company signed a three-year deal to supply solar modules assembled from its U.S.-manufactured solar cells.
Awendio Solaris says it plans to invest about CAD 1 billion ($726.7 million) in a vertically integrated solar cell and module manufacturing facility and research center in Montreal, Quebec, targeting the Canadian and U.S. markets.
Ford announced it will move on from its electric vehicle trucks, instead producing hybrid vehicles and manufacturing grid-scale energy storage for the rapidly growing datacenter market as well as an entry to residential energy storage.
Sabanci Renewables agreed to purchase hail-resilient modules produced by Waaree Solar Americas for two utility-scale solar projects.
While the long-term impacts of the elimination of the United States’ federal electric vehicle tax credit remain unknown, it’s clear that battery manufacturers in the country are starting to shift their approach toward grid-scale storage rather than EV batteries.
The U.S. based manufacturer has completed certification of its latest adhesive-free, fluorine-free backsheet.
The South Carolina-based solar cell manufacturer plans to triple its output of domestic solar cells by the end of 2026.
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