SolarEdge Technologies has closed its first transaction for the sale of §45X Advanced Manufacturing Production Tax Credits for approximately $40 million, net of discounts and fees.
The credits were generated by sales of eligible, domestic-manufactured inverters in the first half of this year. .
“The Inflation Reduction Act and new §45X of the U.S. Internal Revenue Code have made it possible to bring high value energy technology manufacturing back to the United States, and we are pleased to announce our first sale of §45X tax credits backed by ‘Made in the U.S.A.’ solar inverters,” says Ronen Faier, interim CEO of SolarEdge.
“This sale represents an important milestone in the maturation of the §45X credit transfer market and demonstrates the marketability of credits backed by U.S. made inverter technology.”
The tax credits were generated from the sale of inverters produced earlier this year at SolarEdge’s facility in Austin, Texas. The facility reached a target quarterly run rate of 500 MW of inverter production in the second quarter of 2024, produced 500 MW in the third quarter and is expected to ramp production in Q4, says the company.
SolarEdge’s second U.S. facility near Tampa, Fla. began shipping Power Optimizers in Q2 of this year and is expected to reach a production capacity of approximately two million per quarter, the company adds. The facility is adding commercial inverter and Power Optimizer production starting next year.
The transaction was facilitated by the Crux Climate platform.
The post SolarEdge Closes First Section 45X Credit Sale appeared first on Solar Industry.
What do you notice about the shopping bag in the photo?
It has no handles.
That’s right, Albertson’s, with annual revenues of more than $83 billion, has decided to inconvenience its customers, forcing them to wrap both of their arms around their grocery bags to get them into and out of their shopping carts, into and out of their cars, and finally into their homes.
The savings? From what I can learn from AI, the answer is somewhere around $0.12 each. If you’re interested, you can Google: “cost per 1000000 paper grocery bags.”
I understand that grocery stores operate on low margins, but if it were my decision to make, I wouldn’t be deliberately pissing off my customers, many of them elderly, who are spending $100 for a bag of my groceries in order to save 12 cents.
Yet the Albertson’s example isn’t unique; in fact, it’s everywhere you go. Look at your cell phone bill and your streaming services. Corporate greed is grinding you into the pavement while it relished in your misery.
What do you notice about the shopping bag in the photo?
It has no handles.
That’s right, Albertson’s, with annual revenues of more than $83 billion, has decided to inconvenience its customers, forcing them to wrap both of their arms around their grocery bags to get them into and out of their shopping carts, into and out of their cars, and finally into their homes.
The savings? From what I can learn from AI, the answer is somewhere around $0.12 each. If you’re interested, you can Google: “cost per 1000000 paper grocery bags.”
I understand that grocery stores operate on low margins, but if it were my decision to make, I wouldn’t be deliberately pissing off my customers who are spending $100 for a bag of my groceries in order to save 12 cents.
Yet Albertson’s isn’t unique; in fact, it’s everywhere you go. Look at your cell phone bill and your streaming services. Corporate greed is grinding you into the pavement while it relished in your misery.
https://www.2greenenergy.com/2026/07/22/why-are-huge-corporations-slapping-their-customers-in-the-face/
What Krishnamurti says at left reminds us of the direction that essentially everything takes in human civilization. What once was pure eventually becomes adulterated and monetized.
The most egregious example of this is how the wealthiest human beings on Earth have decided to ruin the planet with carbon emissions–simply so they can make even more money.
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