An extension of 48E tax credit with the domestic content bonus levels the playing field, say Qcells’, Talon PV and SEMA execs, so U.S. manufacturers can pay off the factories that they invested in in good faith against these credits.
Republican districts are hit the hardest, with more than $9 billion in investments cancelled, delayed or closed so far in 2025, as businesses react to House and Senate bills that propose an early end or elimination of tax credits, according to E2.
SEG Solar closed a sale of 45X manufacturing tax credits. The company reports it has invested more than $60 million in its Houston facility, which has achieved an annual production capacity of 2 GW through two fully automated production lines.
OMCO Solar’s Eric Goodwin shared insight with pv magazine USA on a solar industry that eagerly awaits further federal recognition of the value of domestically manufactured solar mounting systems.
After acquiring the U.S. manufacturing assets of Trina Solar, Freyr Battery announced in February it was rebranding as T1 Energy and planned to produce both solar modules and cells in Texas.
Bila Solar is manufacturing ultra-lightweight solar modules and newly launched 550 W dual-glass conventional panels in its 157,000 square-foot Indianapolis facility.
The world’s largest suppliers of solar panels shipped 500 GW but revenues decreased significantly, said a report from Wood Mackenzie.
The deal represents the second order this month for more than 500 MW of solar modules. Plus, Waaree eyes the expansion of its solar manufacturing facility in Brookshire, Texas.
The new EcoRecycle facility, based in Cartersville, Georgia, will remove aluminum, glass, silver and copper from used solar modules and process them for re-use.
The industry is expected to support over 500,000 jobs by 2030, though disruptive policy could crush that growth, said a report from the American Clean Power Association.