Nexamp, a prominent provider of community solar solutions in the United States, has recently revealed a strategic collaboration with Heliene, a domestic manufacturer of solar modules. The partnership aims to secure a procurement of 1.5 GW of solar modules within the next five years. This substantial order marks the largest ever in the history of community solar modules in the United States.
Heliene’s manufacturing facility in Minnesota will be responsible for producing these modules, which will play a crucial role in supporting Nexamp’s ambitious plans. Nexamp intends to utilize the modules in the development and construction of approximately 400 new community solar projects throughout the United States. These projects are projected to deliver clean energy savings to approximately 250,000 households while simultaneously bolstering the clean energy supply on the grid.
Taking advantage of the Inflation Reduction Act (IRA), which extends and enhances investment tax credits for clean energy resources, Heliene has strategically expanded its facility in November of the previous year. Furthermore, the company has scheduled additional expansions for September 2023, aimed at further augmenting its manufacturing capacity. This proactive approach positions Heliene to meet the growing demand for solar modules and capitalize on the favorable policy environment supporting clean energy initiatives.
Jennifer M. Granholm, the U.S. Secretary of Energy, expressed her appreciation for the collaborative efforts of Heliene and Nexamp in revitalizing the solar supply chain within the United States. During the announcement event, she highlighted the significance of the Inflation Reduction Act in facilitating such partnerships. Secretary Granholm emphasized that the act enables companies like Nexamp and Heliene to make investments that not only enhance American manufacturing capabilities and create job opportunities but also contribute to reducing energy costs for households.
Zaid Ashai, Chairman and CEO of Nexamp, expressed the groundbreaking nature of this unprecedented solar order, which arrives at a pivotal moment in the development of the solar supply chain in the United States. Ashai acknowledged the instrumental role played by the Inflation Reduction Act in making this partnership possible. He emphasized that this historic legislation serves as a testament to its ongoing support for renewable energy production and its significant contribution to driving the transition towards cleaner and more sustainable energy sources.
Martin Pochtaruk, President of Heliene, praised the well-crafted incentives and industrial policy embedded within the Inflation Reduction Act (IRA), recognizing their role in fostering the sustained expansion of solar projects. Pochtaruk highlighted the significance of this partnership between Heliene and Nexamp in aligning with market demands by providing top-notch solar modules manufactured domestically. This collaboration positions both companies to effectively meet the growing demand for high-quality solar products while contributing to the overall growth of the solar industry.
Apart from bolstering domestic solar manufacturing capabilities, the collaboration between Nexamp and Heliene will have far-reaching impacts. It will facilitate further research and development efforts while generating approximately 1,000 new green jobs in the Iron Range region of Minnesota. This initiative not only contributes to the expansion of the renewable energy sector but also serves as a catalyst for local economic growth, fostering employment opportunities and sustainable development in the area.
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