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45X Advanced Manufacturing Production Credit

first solar manufacturing

First Solar sells US$850 million 45X manufacturing credits

February 21, 2025
The credits are Section 45X Advanced Manufacturing Production tax credits generated from selling its modules from US manufacturing bases.
First Solar manufacturing plant
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Limiting Chinese access to the 45X credit: In conversation with CEA and the SEMA Coalition

December 10, 2024
Representatives from the SEMA Coalition and CEA told PV Tech that the latest 45X proposal does not represent a threat to the 45X as a whole.
The US House of Representatives.

US representatives propose amendment to 45X manufacturing tax credit

November 22, 2024
Two US representatives have submitted a resolution to amend the 45X Advanced Manufacturing Production Tax Credit (PTC) in the US.
Freyr manufacturing facilities.
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‘Our long-term vision is solar-plus-storage’, Freyr says, following Trina module manufacturing plant acquisition

November 15, 2024
Freyr told PV Tech Premium that its acquisition of a Trina solar plant aims to build a solar and storage manufacturing space in the US.
Close view of solar tracker manufacturer Array Technologies' new wireless tracker system called SkyLink

Array Technologies sees ‘strong momentum’ with 45X and domestic content credits

November 8, 2024
US solar tracker manufacturer Array Technologies has posted US$231 million in revenues and adjusted EBITDA of US$46.7 million in its Q3 2024 financial results.
“We’ve always focused on innovation, but historically that’s been more on the hardware side, but now we’re also looking at the software side,” said Christelle Barnes. Image: SolarEdge.

SolarEdge secures Section 45X tax credit sale for inverters produced in H1 2024

November 6, 2024
The tax credits, which amount to nearly US$40 million, were generated by sales of PV inverters made in the US during the first half of 2024.
A First Solar manufacturing facility.

First Solar posts lower sales, revises down end-of-year forecast, in Q3 results

October 30, 2024
First Solar has published its results for the third quarter of 2024, which include lower net sales figures than in the previous quarter.
The Anemoi Energy Storage project.

‘Entire Fortune 500’ looking at clean energy tax credits

October 29, 2024
The whole of the Fortune 500 is looking into clean energy tax credit transferability deals, according to tax credit investment banking firm Foss & Company.
US secretary of the Treasury Janet L. Yellen makes a speech.

US Treasury finalises 45X Advanced Manufacturing tax credit rules

October 24, 2024
The US Treasury has finalised its rules for the 45X Advanced Manufacturing Production Tax Credit under the Inflation Reduction Act.
An Enphase Energy factory.

Enphase lowers Q4 revenue forecast off the back of slow sales

October 24, 2024
Enphase Energy posted revenue of US$380.9 million in the third quarter of 2024, and sold around 1.7 million microinverters.

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