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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

Republican Operatives Are Tenacious as Messaging–And Truth Has No Bearing on It

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Consider the meme here, and then remember that the nine of the ten poorest states in the U.S. (Mississippi, Louisiana, West Virgina, Kentucky, Arkansas, Alabama, Oklahoma, Tennessee, and South Carolina) are all bright red.

How do they get away with stupidity like this?

Well, there’s the bottom of the state rankings for education:

  • 46. Mississippi
  • 47. Kentucky
  • 48. Louisiana
  • 49. Arkansas
  • 50. West Virginia

Do you see any correlation?

Republican Operatives Are Tenacious as Messaging–And Truth Has No Bearing on It

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Renewable Energy

Discussions on Religion

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Good question here at left.

To me, it depends.

If the person seems intelligent enough to be able to hold a thought in his head that opposes his current beliefs, I’d actively encourage the discussion.  Otherwise, I’m out.  No need to raising someone’s temper for no reason or gain.

Discussions on Religion

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Renewable Energy

Emigrating to a Social Democracy

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To the jackass who sent me the meme here: What about the 5 million Americans who moved to Canada? What about the steady flow of Americans expatriating to Costa Rica, New Zealand, Australia, Iceland and Northern Europe?

My wife and I have two kids and a grandchild in the States, and we have a gaggle of medicos to address the various health conditions associated with aging.  If that weren’t the case, I’d be writing this from Stockholm or Aukland.

I wouldn’t be looking for a “utopia,” just an escape from the frustration, anger, and sadness that I feel every day, as I watch the country I love deteriorate into authoritarianism.

Emigrating to a Social Democracy

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