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.
The company plans to expand its high-voltage switchgear and breakers factory in Mount Pleasant, Pennsylvania, a distribution, power, and traction transformer factory in South Boston, Virginia, and to build a distribution transformer factory in Mexico.
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.
Also on the rise: Kimberly-Clark Corp. signs $230 million+ tax credit transfer deal with Schneider Electric. BLM seeks comment on two large-scale solar projects. And more.
Also on the rise: A look at Tim Walz’ clean energy record as governor of Minnesota. Completing Western transmission lines would enable 73 GW of renewables and storage. And more.
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