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Heliene has announced the sale of $50M Section 45X Advanced Manufacturing Production Tax Credit, facilitated by Basis Climate.

Heliene is able to claim eligibility for these tax credits under the Inflation Reduction Act.

“Monetising our 45X tax credits through this sale is instrumental in continuing the growth of Heliene’s domestic manufacturing capacity,” says Martin Pochtaruk, CEO of Heliene.

“This transaction provides long-term sustainability, hence enabling us to expand our commitment to offering developers reliable, quality modules that feature the highest possible volume of domestic content. We’re grateful to the team at Basis Climate for facilitating this important deal. Together we’re building a stronger, bankable U.S. solar supply chain.”

Heliene will use funds from this sale to reduce debt and support ongoing efforts to expand its U.S. cell and module manufacturing footprint and grow its domestic workforce.

This tax credit transfer sale follows several months of strategic dealflow by Heliene, including a strategic sourcing agreement with cell manufacturer Suniva, a partnership and multi-year contract with Norsun for the supply of U.S.-made wafers and a joint venture with Premier Energies to jointly build a U.S.-based solar cell manufacturing facility.

The post Basis Climate Facilitates Heliene Investment Tax Credit Transfer Sale appeared first on Solar Industry.

Heliene Bolstering Solar Manufacturing with Tax Credit Sale

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Renewable Energy

The Catastrophic Shift in America’s Impact on the World

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It’s not as if the United States has held the moral high ground throughout its history, with its slavery, the butchering of the Indians, Jim Crow, the support of tyrannical dictatorships around the globe, and the corrupt suppression of the working class in favor of Trump’s billionaire donors.

Yet, it was very recently that the entire nation became a force for the destruction of civil society.

The Catastrophic Shift in America’s Impact on the World

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Renewable Energy

We’re Running Out of Time

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There really are threats to human civilization that seem to be mounting in intensity:

• World fascism.  (If it can happen in the U.S., it could conceivably happen anywhere.)

• Environmental collapse.

• Malicious use of AI.

• Pandemics, as misinformation on vaccinations spread and the frozen tundra melts, releasing pathogens never seen by humans.

• Nuclear war.

Addressing the point made at left, is there any scenario in which world governments agree to cooperate so as to stave off the end of an organized society here on Earth?  One supposes so, though it sounds far-fetched in today’s world in which the leaders of most of the 200+ sovereign nations are trying so desperately to cling to power.

We’re Running Out of Time

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Renewable Energy

When Trump Will Leave

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Obviously, James Carville has been wrong before, but it appears that he’s onto something here.

An ever-increasing number of Americans are realizing that Trump is criminally insane, and is leading this nation to destruction.

When Trump Will Leave

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