Heliene and India-based Premier Energies are planning a joint venture to create a solar cell manufacturing facility in the U.S.
Under the terms of the companies’ agreement, the facility would produce an annual aggregate capacity of 1 GW NTyp cells. Heliene currently sources solar cells from PEPPL’s Hyderabad facility for use in module manufacturing at its Mountain Iron, Minn. location.
“Premier Energies has been a valued partner of Heliene’s for many years now and we share a commitment to providing the highest-quality, most-reliable products to solar customers,” says Martin Pochtaruk, CEO of Heliene.
“With demand for U.S.-made modules and components growing, now is the perfect time to embark on the next phase of our partnership with this joint venture. Our new cell manufacturing facility will not only expand the footprint and impact of each of our companies, but it will also establish us as true leaders in the effort to friend-shore up the U.S. solar manufacturing supply chain.”
Under the terms of the venture, Heliene will contribute construction, project management, human resources, financial resource and management, facility operations, supply chain and logistics and regulatory expertise.
Premier will contribute cell technology engineering and operational expertise in the manufacturing process of the cells, manufacturing equipment selection, financial resources, raw material vendor relationships and supply agreements management.
The post Heliene, Premier Energies to Partner on Domestic Solar Cell Manufacturing Facility Build appeared first on Solar Industry.
Heliene, Premier Energies to Partner on Domestic Solar Cell Manufacturing Facility Build
Renewable Energy
ACORE Statement on Treasury’s Safe Harbor Guidance
ACORE Statement on Treasury’s Safe Harbor Guidance
Statement from American Council on Renewable Energy (ACORE) President and CEO Ray Long on Treasury’s Safe Harbor Guidance:
“The American Council on Renewable Energy (ACORE) is deeply concerned that today’s Treasury guidance on the long-standing ‘beginning of construction’ safe harbor significantly undermines its proven effectiveness, is inconsistent with the law, and creates unnecessary uncertainty for renewable energy development in the United States.
“For over a decade, the safe harbor provisions have served as clear, accountable rules of the road – helping to reduce compliance burdens, foster private investment, and ensure taxpayer protections. These guardrails have been integral to delivering affordable, reliable American clean energy while maintaining transparency and adherence to the rule of law. This was recognized in the One Big Beautiful Act, which codified the safe harbor rules, now changed by this action.
“We need to build more power generation now, and that includes renewable energy. The U.S. will need roughly 118 gigawatts (the equivalent of 12 New York Cities) of new power generation in the next four years to prevent price spikes and potential shortages. Only a limited set of technologies – solar, wind, batteries, and some natural gas – can be built at that scale in that timeframe.”
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ABOUT ACORE
For over 20 years, the American Council on Renewable Energy (ACORE) has been the nation’s leading voice on the issues most essential to clean energy expansion. ACORE unites finance, policy, and technology to accelerate the transition to a clean energy economy. For more information, please visit http://www.acore.org.
Media Contacts:
Stephanie Genco
Senior Vice President, Communications
American Council on Renewable Energy
genco@acore.org
The post ACORE Statement on Treasury’s Safe Harbor Guidance appeared first on ACORE.
https://acore.org/news/acore-statement-on-treasurys-safe-harbor-guidance/
Renewable Energy
Should I Get a Solar Battery Storage System?
Renewable Energy
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