The company’s share price jumped 15% following its Q3 earnings call, which included the announcement of a factory that is expected to produce over 8 million finished solar panels per year at full capacity.
Eos will combine its $352.9 million investment with funds from Pennsylvania state to make the move from New Jersey, with the company’s CEO hailing the benefits of public-private partnerships to expand US battery manufacturing.
Australia’s PowerCap has entered the US market with its sodium-ion stationary storage systems and plans to build a manufacturing facility to serve customers across the Americas.
A Solar Energy Industries Association report indicates that the U.S. solar manufacturing pipeline is robust, however, Trump Administration policies, regulations and trade actions could stall progress and dampen demand for U.S.-made products.
The additional “start of construction” requirements for projects acquiring the 30% Investment Tax Credit can be met by installing custom-built transformers, said GameChange Solar.
T1 Energy made a strategic investment in the company that is pursuing 4.8 GW of solar cell manufacturing in the United States.
The U.S.-based manufacturer announced it will provide solar power modules to satellite manufacturer Endurosat starting this year.
With silver prices nearing $50 per ounce, researchers from the University of New South Wales (UNSW) and the Fraunhofer Institute for Solar Energy Systems (Fraunhofer ISE) tell pv magazine that efforts to reduce silver use in solar cells will not compromise module quality if properly engineered.
Saatvik Green Energy chief executive Prashant Mathur said his company seeks to be “risk-free” and focus on the domestic market in India.
The US-based electrical balance of systems provider stated its new products are designed for utility-scale projects and the mid-capacity range. Both systems are IP68-tested.