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Apr 21, 2024

Two companies enter historic, multimillion-dollar deal to manufacture solar panels domestically — here’s how it could affect American energy

Posted by in categories: solar power, sustainability

A couple of solar-sector manufacturers have a powerhouse agreement that reaches a unique benchmark. Thanks to a $400 million, three-year deal between Heliene and Suniva, solar panels and cells will be entirely made in the U.S., a unique combination until now.

Electrek reports that to this point, solar cells — the contraption that turns sunlight into electricity — were imported.

“Heliene is proud to embark on this historic partnership with Suniva at a time when the U.S. is poised to capture a greater share of the global solar market by bolstering domestic manufacturing and onshoring of supply,” Heliene CEO Martin Pochtaruk said in a press release.

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