The solar panel manufacturer announced a five-year lease of a factory in Albuquerque, New Mexico.
Also on the rise: Silfab secures $100 million to manufacture solar cells in U.S. Enphase releases portable power station. And more.
Congressmen John Moolenaar and Jared Golden introduced a new bill that aims to halt advanced manufacturing tax credits.
Half of the funding is coming from a $50 million equity investment and the other half from a green loan, which will enable Silfab to scale its solar cell manufacturing plant in South Carolina.
Also on the rise: Final rules on direct pay expands access to clean energy tax credits. Zendure releases pre-sized home solar and energy storage kit. And more.
In response to a complaint filed by Trinasolar US, the ITC intends to determine whether Runergy and Adani illegally infringe Trinasolar’s TOPCon patents.
Also on the rise: Thornova Solar starts solar cell, module production in Indonesia due to changing U.S. market regulations. Intersolar acquires Midwest Solar Expo. And more.
Thornova Solar has started producing solar modules in Indonesia. CEO William Sheng says the move is in line with changing U.S. market regulations. It plans to supply customers with cells and modules from Indonesia, Laos or the United States by mid-2025.
Also on the rise: Meyer Burger loses biggest customer, questions business viability. The grid’s new secret weapon: Your home. And more.
Swiss solar manufacturer Meyer Burger faces a significant setback as its largest U.S. customer, D.E. Shaw Renewable Investments, has terminated a long-term agreement to purchase solar panels from its Arizona facility.
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