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.
Expansion and modernization of its dry-type transformer manufacturing operations is expected to help alleviate the shortage in North America.
With the majority of its projects located in the United States, plans were in motion years ago to expand manufacturing to the U.S., but passage of the IRA in 2022 accelerated those plans.
The solar racking company will build a new headquarters and manufacturing facility in Northwest Ohio, expecting to create 133 jobs.
As industry players are nervously watching the administration’s decision to temporarily freeze and review several provisions within the Inflation Reduction Act, the Solar Energy Manufacturers of America Coalition spells out its priorities.
A report from Clean Energy Associates explains direct cost versus safe harbor methods of achieving the domestic content bonus, along with noted risks and challenges in each.
PVH products are now eligible to contribute to the Inflation Reduction Act 10% domestic content bonus tax credit.
Enphase annual revenues declined amid an overall downturn in the residential solar market. The company improved its margins and significantly expanded U.S. manufacturing.
Today groups that represent over 2,000 companies are holding over 100 meetings with members of Congress and staff from both parties to discuss how the tax credits are helping to drive a strong energy and manufacturing economy.
The buildout is happening across the domestic solar supply chain and, at full capacity, planned facilities will produce enough to meet the demand for solar in the U.S., according to the Solar Energy Industries Association.
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