Market availability will begin in mid-2024, the contract being the result of solar project owners’ and developers’ desire for their projects to qualify for the 10 percent Domestic Content Bonus Investment Tax Credit, which can be obtained by using US made cells based on The US Department of Treasury’s guidance published in May 2023.
With this strategic partnership, Heliene and Suniva are well-positioned to rapidly scale domestic cell and module manufacturing to meet the surging demand for secure and reliable domestically made crystalline PV modules. Currently, all US-made solar crystalline modules use only imported cells. This partnership will directly address that gap in the US solar supply chain and help strengthen manufacturing capacity to meet increased demand for domestic products.
“Heliene is proud to embark on this historic partnership with Suniva at a time when the US is poised to capture a greater share of the global solar market by bolstering domestic manufacturing and onshoring of supply” said Martin Pochtaruk, CEO of Heliene. “Introducing Suniva’s US-made cells into our manufacturing process will enable Heliene to expand its commitment to offering best-in-class modules that enable our customers to qualify for lucrative tax credits and incentives.”
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