The Singapore-based developer of glassless, frameless solar modules plans to invest nearly $35 million to renovate a facility in Indianapolis.
Also on the rise: Enphase releases solar products optimized for NEM 3.0. Nikola announces recall of battery electric vehicles, pauses sales after fire investigation. And more.
Canadian-based Heliene plans a new factory in Minnesota that will begin producing modules in 2024 and cells in 2025.
With reduced use and improved recovery of critical materials, PV system deployment will become less dependent on supply chain limitations and can sustain the expected growth in clean energy.
Also on the rise: New York Green Bank provides $25 million credit debt facility for energy storage. Federal agencies urged to tap 25 GW potential of solar on canals. And more.
The central tension at the heart of the IRA – limiting dependence on competitors like China while undergoing an energy transition that we cannot accomplish without them – will inform, and even dictate, so much of U.S. policy going forward.
The announced cell factory adds to the company’s U.S. manufacturing plans, which includes modules, wafers and now, cells.
Funding from the Biden Administration’s Investing in America agenda is intended to support silicon component manufacturing and develop dual-use PV technologies.
Two European energy companies, Meyer Burger and BayWa r.e., have finalized a contract for their U.S. operations in which the developer will purchase 1.25 GW of modules from the manufacturer’s Arizona facility from 2025 to 2029.
Also on the rise: Green hydrogen market to grow six-fold to $1.4 trillion, said Deloitte. CubicPV receives $103 million commitment for U.S. wafer manufacturing. And more.
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