Heliene completes third consecutive annual 45X tax credit transfer

By Joseph Loe
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Image of solar modules taken from above.
This is the third tax credit transfer Heliene has completed in the last three years. Image: Heliene.

Canada-headquartered module manufacturer Heliene has announced the sale of 2026 Section 45X Advanced Manufacturing Production Tax Credits (PTCs), facilitated by US Bank’s community development and infrastructure finance subsidiary, US Bancorp Impact Finance.

The sale, the amount of which was not disclosed, is the third such by Heliene following similar moves in 2024 and 2025.

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Despite the passage of the One Big, Beautiful Bill Act (OBBA) by the Trump administration in 2025, the US clean energy sector has seen US$19.9 billion in tax credit sales in Q2 2026. According to exclusive comments made by Josh Price, director of market intelligence at Crux, to PV Tech: “Solar investment continues to be resilient.”

Crux forecasts the majority of new renewable energy deployments in the US will comprise of solar projects until 2028.

Last month, Heliene launched a new residential module, the 108HC All-Black, comprising US-made polysilicon, ingots, wafers and solar cells. The modules were subject to a purchase agreement with Sunrun that coincided with the module’s market launch.

A recent deal between Heliene and US producer, Stewart Glass, means Heliene can now offer a fully domestically-produced module to its US customers.

Heliene has two solar module manufacturing facilities in the US, able to produce a combined annual capacity of 1.3GW. It employs more than 500 people.

2 February 2027
London, UK
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