Reinforces leadership in FEOC-compliant domestic supply at Booth V13635; CEO will speak on two RE+ panels on FEOC compliance, domestic content and bankability
Greenwood, S.C. – August 26, 2025 – ES Foundry, an American company advancing U.S. solar by onshoring crystalline solar cell production, will feature its Foreign Entity of Concern (FEOC)-compliant crystalline solar cells at RE+ 2025, September 9-11, at the Venetian Expo (Level 2 — Booth V13635). In parallel with the exhibit, the CEO will participate on two RE+ panels, reinforcing ES Foundry’s role in FEOC compliance and domestic cell supply.
As the leading U.S. crystalline solar cell manufacturer purpose-built for FEOC compliance, the Greenwood, S.C.-based company is in full production, supplying bankable, domestically manufactured cells to developers, asset owners, investors and capital partners. These cells ensure eligibility for current incentives, including the domestic content bonus.
“FEOC restrictions are fundamentally reshaping how projects get financed and built,” said Ken Johnston, VP of Sales, ES Foundry. “Without compliant cells, developers risk losing incentives, and investors face unacceptable exposure. ES Foundry was built to remove that uncertainty, providing a trusted U.S.-based source of supply that safeguards projects, secures long-term compliance and lowers total system costs by enabling modules that fully qualify for incentives.”
The need for FEOC-compliant solar cells has intensified following recent United States Department of the Treasury and Internal Revenue Service guidance, which clarified that projects using components linked to foreign entities of concern risk losing both core tax credits and the domestic content bonus.
Domestic cell manufacturing remains limited, and demand for compliant supply already exceeds available capacity. ES Foundry’s Greenwood facility provides a transparent, U.S.-based source of supply, sourcing materials from verified, FEOC-compliant suppliers by 2026. This ensures that developers and investors not only meet compliance requirements but also benefit from lower total module costs when integrating ES Foundry’s cells.
At RE+, ES Foundry CEO Alex Zhu will take the stage on two conference panels, sharing practical guidance on FEOC compliance, domestic content pathways and bankability for U.S.-made cells. These appearances underscore ES Foundry’s leadership in securing compliant supply and de-risking project economics.
Mon, Sept 8, 11:00 am-12 pm — Panel Discussion: New Strategies for Solar Manufacturing in the USA, Venetian Las Vegas, Palazzo Ballroom E
Tue, Sept 9, 10:30–11:30 am — Financing Clean Energy Projects Amidst Supply Chain Uncertainty, The Venetian Expo, Titian 2301 (Level 2).
For more information on FEOC compliance and ES Foundry’s approach, visit the company’s FEOC Resource Page.
About ES Foundry
Based in South Carolina, ES Foundry is accelerating the U.S. solar industry by onshoring the manufacturing of crystalline solar cells. Its state-of-the-art Greenwood facility produces high-quality, bankable cells that meet the needs of U.S. panel manufacturers and the supply chain demands of developers and EPCs. Purpose-built for Foreign Entity of Concern (FEOC) compliance, ES Foundry operates with fully non-FEOC ownership, leadership and financing, ensuring transparent supply chains and verified eligibility for incentives, including the domestic content bonus. Backed by a team of seasoned industry veterans, ES Foundry delivers reliable, U.S.-made products that drive the growth and sustainability of clean energy. Follow ES Foundry on LinkedIn and Bluesky for the latest updates.
PR Contact
Leah Wilkinson
Wilkinson + Associates for ES Foundry
leah@wilkinson.associates
703-907-0010