Import tariff rates range from 0.14% to nearly 300% of the cost of shipped goods on certain solar cells and modules shipped from Malaysia, Vietnam, Cambodia, and Thailand.
The closing of the strategic equity investment from Transition Equity Partners will help Heliene build out both solar cell and module manufacturing in the U.S.
Also on the rise: Data-driven O&M supercharging solar asset performance. Solar wafer prices steady amid improving supply-demand balance. And more.
Also on the rise: First Solar opens $1.1 billion solar factory in Alabama. Solar levelized cost of electricity 56% lower than lowest-cost fossil fuels. And more.
The thin-film specialist inaugurated a new, vertically integrated manufacturing facility that adds 3.5 GW of capacity.
Also on the rise: Hydrogen-powered data center planned for Texas. Solar module manufacturer closes $50 million tax credit transfer. And more.
Heliene will use the investment on its existing and planned U.S. solar cell and module manufacturing facilities.
Also on the rise: Solar recycling innovation keeps solar panels out of landfills. U.S. solar industry on track to install 250 GW in five years. And more.
Tandem solar-cell technology featuring silicon has been widely researched but materials such as perovskites, paired with established thin-film solar or with other perovskite cells, are pointing to a new development path.
The joint venture announced a 2 GW facility with plans to expand up to 6 GW.