Thursday, November 28, 2024

Suniva and Imperial Star Solar Partner for U.S.-Made PV Modules

Suniva, the largest and oldest U.S. manufacturer of high-efficiency monocrystalline silicon solar cells and Imperial Star Solar, a Texas-based manufacturer of American-made solar PV modules, announced the execution of a multi-year strategic sourcing agreement.

Under the terms of the agreement, Imperial Star will incorporate Suniva’s U.S.-made solar cells into its U.S.-made solar modules, with market availability beginning in first half of 2025. Imperial Star’s modules will be among the only crystalline solar modules incorporating U.S.-made solar cells. By working with Imperial Star and Suniva, U.S. developers can reduce their supply chain risk and improve their project economics by obtaining the Domestic Content Bonus Investment Tax Credit for any type of installation, either roof or ground-mounted, and with or without storage.

With this strategic partnership, Imperial Star and Suniva are well-positioned to rapidly scale cell and module manufacturing to meet the surging demand for domestically-made crystalline PV modules with U.S. made cells. Currently, Suniva is the only manufacturer of U.S.-made solar cells, and only its partners can provide crystalline modules that satisfy the U.S. Treasury’s Domestic Content requirements under its currently published guidance.

Also Read: FirstEnergy Appoints Mark Andrade VP of Enterprise Tech

“This partnership with Suniva exemplifies Imperial Star Solar’s mission to empower excellence in American solar,” said Isabella Xu, CEO of Imperial Star Solar. “By integrating Suniva’s domestically produced solar cells into our modules, we’re strengthening a U.S. supply chain that prioritizes quality, control, and energy security. Together, we’re creating high-quality jobs for Texans, delivering exceptional customer value, and contributing to America’s energy independence with reliable, American-made solar solutions.”

“We are excited to partner with Imperial Star, who shares our vision for a growing and secure United States’ solar PV supply chain,” said Cristiano Amoruso, CEO of Suniva. “Suniva continues to lead by doing – building America’s largest and only source of American-made solar cells while proving that bolstering America’s energy security, creating American jobs, and maintaining a vibrant solar industry are highly consistent goals.”

SOURCE: Businesswire

Subscribe Now

    Hot Topics