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Private Sector | Andhra Pradesh - India | PID: 203351

Canadian solar module manufacturing firm Heliene recently collaborated with Premier Energies to create a solar cell manufacturing facility in the US. Under the terms of a recently executed agreement, the new facility can produce an annual aggregate capacity of 1 GW NType cells to supply Heliene’s US cell requirement as well as Premier’s.

With this joint venture and new cell plant, the companies are investing in the growing US solar industry and capitalizing on important incentives and tax credits for domestic clean energy manufacturing introduced under the Inflation Reduction Act (IRA) of 2022.
This joint venture builds on a longstanding partnership between Heliene and Premier Energies. Heliene currently sources solar cells from PEPPL’s Hyderabad facility for use in module manufacturing at its Mountain Iron, MN location. | Updated on: 04 - Sep - 2024

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