First Solar cashes in on sale of Inflation Reduction Act tax credits
Generated from the manufacturer’s U.S. facilities, First Solar expects to receive gross cash proceeds of approximately $819 million upon the transaction’s completion.
U.S. solar cell manufacturer shoring up supply chain with second multi-year agreement
ES Foundry announced a multi-year agreement to supply 300 MW of U.S.-made solar cells to Bila Solar, an Indianapolis-based maker of ultra-lightweight solar modules.
PV Hardware solar trackers and foundations now 100% U.S. made
PVH products are now eligible to contribute to the Inflation Reduction Act 10% domestic content bonus tax credit.
Battery Council International calls for Congressional action to protect domestic battery manufacturing
In asking Congress to advance measures and retain existing provisions for domestic battery manufacturers, a major energy storage industry association outlined five key policy priorities.
U.S. startup unveils ‘world’s largest’ transparent organic PV window
Next Energy said its laminated transparent power-generating windows were produced with its pilot production line.
Trump executive order places 25% tariff on aluminum and steel
Aluminum is used in solar panel frames and racking and steel is used in solar ground mounts and trackers.
Freyr Battery abandons plans for Georgia battery factory
Freyr was motivated to build the factory based on the strength of the U.S. renewable energy and electric vehicle industries, coupled with the tax incentives associated with the Inflation Reduction Act. It would have been a $2.6 billion investment, creating 720 jobs.
Sunrise brief: A 920% tariff on anode materials from China “would throw the economics of U.S. storage out of whack”
Also on the rise: Rural Energy for America grantee reports federal non-payment for 2024 work. Amid uncertainty, Premier Energies halts plans for U.S. solar cell factory. And more.
GE Vernova brings its solar inverter manufacturing home to the U.S.
The utility-scale inverters will be manufactured at GE Vernova’s Pittsburgh facility as part of a $10 million investment.
The state of the domestic solar and energy storage supply chain, Q1 2025
Anza reports on U.S.-made solar modules, cells and battery energy storage in today’s pipeline and offers a glimpse at manufacturers’ efforts to ramp up production.
