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.
Here’s Lucy Biggers, social media powerhouse, explaining how solar and wind energy actually aren’t free, because they require materials that need to be mined from the Earth.
Yes, Lucy. I think most of us already knew that.
It’s hard for me to understand how a person with zero training in science has any relevance to what climate scientists are telling us. If I want a good recipe for carrot soup, I don’t ask a baseball coach or an auto mechanic.
They call this woman an “influencer.” What type of idiot does she influence?
Yes, part of this is stupidity. But a larger part is that people who still support Trump at this point are desperate to believe whatever comes out of his mouth, regardless of how nonsensical it may be.
I wish my mother were still here so I could see where she would stand. She was extremely well-educated, and a voracious reader, but somehow remained a Fox News viewer until the end. I just wonder if the last 15 months may have turned her around.
Those who stand in opposition to the president have dozens of different reasons for their feelings. One, as is on display here, is that he’s an ignoramus.
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