The announcement of the company’s latest module power electronics project came alongside Q1 2026 earnings that showed a 20.6% decrease in year-over-year revenue numbers amid a steep decline in domestic demand.
The divestment, already partially secured via escrow, reflects regulatory pressure from U.S. FEOC policy changes. Boviet Solar also continues negotiations to sell a separate U.S. cell project.
Solx’s Aurora hybrid module with Caelux’s perovskite glass aims to compete on performance beyond federal tax sunsets.
The companies say they will supply 3 GW of Solx Aurora modules — which combine domestic silicon cells from Suniva and a top layer of Caelux “Active Glass” to reach 28% efficiency — with commercial volumes available in the U.S. market by 2027.
Tandem PV has opened a 40 MW commercial demonstration factory in Fremont, California, marking a significant transition for perovskite-silicon technology from laboratory development to repeatable manufacturing at scale.
The expansion will bring the company’s total domestic cell capacity to 5.5 GW, cementing its position as the largest merchant solar cell manufacturer in the United States.
Lion had already ordered 4.5 GWh of production from American Battery Factory, but the deal now goes further with an unspecified equity stake.
Company statements in the filing indicate it will seek an arrangement between itself and creditors that may allow it to survive “as a going concern.”
New research from the University of New South Wales shows that PV module degradation varies widely with system design and location, driven by UV exposure, temperature, humidity, and atmospheric conditions. Tropical and desert regions face the highest stress, highlighting the need for climate-specific testing and system design.
Median solar module pricing in the United States reached $0.28 per watt as the market adjusted to intensified trade enforcement and new Foreign Entity of Concern compliance requirements, according to the Q1 2026 Quarterly Pricing & Domestic Content Report from Anza.
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