Industry leaders react to passage of the Senate-approved bill, warning it will pull the plug on domestic manufacturing, billions of dollars worth of investment, new jobs, lower energy costs and increasing clean energy capacity.
The sale of the 2025 45X tax credits supports Heliene’s manufacturing buildout in Minnesota.
The power electronics manufacturer is now producing hardware for the U.S. solar industry in Florida, Texas and Utah.
Republican districts are hit the hardest, with more than $9 billion in investments cancelled, delayed or closed so far in 2025, as businesses react to House and Senate bills that propose an early end or elimination of tax credits, according to E2.
SEG Solar closed a sale of 45X manufacturing tax credits. The company reports it has invested more than $60 million in its Houston facility, which has achieved an annual production capacity of 2 GW through two fully automated production lines.
OMCO Solar’s Eric Goodwin shared insight with pv magazine USA on a solar industry that eagerly awaits further federal recognition of the value of domestically manufactured solar mounting systems.
After acquiring the U.S. manufacturing assets of Trina Solar, Freyr Battery announced in February it was rebranding as T1 Energy and planned to produce both solar modules and cells in Texas.
Bila Solar is manufacturing ultra-lightweight solar modules and newly launched 550 W dual-glass conventional panels in its 157,000 square-foot Indianapolis facility.
The new manufacturing line in Rogers, Minn. has been operational since April and has an annual capacity of 500 MW, bringing the company’s U.S. annual capacity to 1.3 GW of solar modules.
Waaree Solar Americas, an arm of Waaree Energies, has secured an order to supply 586 MW of solar modules for an amount of $176 million.
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