Highland Materials secures US$255.6 million 48C tax credit to build polysilicon plant in the US

Facebook
Twitter
LinkedIn
Reddit
Email
Highland Materials’ polysilicon plant in the US is expected to have an initial capacity of 16,000MT of solar silicon. Image: Wacker

Polysilicon manufacturer Highland Materials has secured US$255.6 million in 48C tax credits to build a polysilicon plant in the US.

The new facility is expected to have an initial annual capacity of 16,000 metric tons (MT) of solar silicon, to be increased to 20,000MT in four years, which would be equivalent to 10GW of solar cells, according to the Solar Energy Manufacturers for America (SEMA) Coalition. The SEMA Coalition added that this is the first new commercial polysilicon plant to be built in the US since the passage of the Inflation Reduction Act (IRA) in August 2022.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

A location for the polysilicon plant has not been disclosed, nor when it will begin commercial operation.

Highland Materials is among over 100 companies awarded tax credits from the US government under the Qualifying Advanced Energy Project Tax Credit (48C) scheme, which recently set aside US$4 billion for tax credits, of which US$2.7 billion is earmarked for use in clean energy manufacturing projects.

Established in 2009 under the American Recovery and Reinvestment Act, the 48C scheme received an additional US$10 billion under the IRA. The initiative provides an investment tax credit (ITC) associated with an investment in a manufacturing facility.

“We are excited about the Department of Energy’s sign of support for Highland and our technology,” said Richard Rast, president of Highland Materials. “By commercialising our silicon purification technology, we as an American company can continue to innovate on American soil with significantly less cost and carbon emissions than other manufacturers.”

According to the company, its solar grade polysilicon uses a proprietary technology that is more environmentally-friendly than current technologies, such as Siemens and Fluid Bed Reactor, all while delivering performance on par with these technologies.

New polysilicon facilities in the US

New polysilicon announcements in the US have been scarce since the IRA was passed, unlike the announcements of new module capacities, which have been common in the past two years.

New polysilicon developments have typically been more negative, such as polysilicon manufacturer REC Silicon shutting down its polysilicon production capacity at its Butte facility in Montana earlier this year. More recently, the company slightly delayed the first polysilicon shipments from its Moses Lake facility – in the US state of Washington – from the end of the first quarter of 2024 to early in the following quarter.

“This polysilicon plant heralds a new era in US solar production. The SEMA Coalition has been emphasizing the importance of securing domestic production in the high-value upstream steps of the supply chain – polysilicon and wafer production – and this represents a real milestone,” said Mike Carr, executive director of the SEMA Coalition.

Earlier this month, the SEMA Coalition called on the US Biden administration to “act aggressively” to support a domestic solar manufacturing industry with a disparity of capacity announcements further upstream, according to a guest blog by the advisory board Clean Energy Associates back in December.

16 June 2026
Napa, USA
PV Tech has been running PV ModuleTech Conferences since 2017. PV ModuleTech USA, on 16-17 June 2026, will be our fifth PV ModulelTech conference dedicated to the U.S. utility scale solar sector. The event will gather the key stakeholders from solar developers, solar asset owners and investors, PV manufacturing, policy-making and and all interested downstream channels and third-party entities. The goal is simple: to map out the PV module supply channels to the U.S. out to 2028 and beyond.
13 October 2026
San Francisco Bay Area, USA
PV Tech has been running an annual PV CellTech Conference since 2016. PV CellTech USA, on 13-14 October 2026 is our fourth PV CellTech conference dedicated to solar manufacturing in the USA. From polysilicon, wafers, ingots, cells and modules, to critical component suppliers including glass and frames, the event connects every stage of the value chain under one roof. PV CellTech USA also brings together investors, innovators, manufacturers and industry stakeholders to collaborate and strengthen domestic solar manufacturing across the United States.

Read Next

June 9, 2026
Revolve Renewable Power is acquiring a 125MW portfolio of utility-scale solar development projects in the US.
June 9, 2026
Zelestra has signed a long-term power purchase agreement (PPA) with Meta for the 180MWdc Palmera Solar Plant in Freestone County, Texas.
June 9, 2026
A US Federal judge has revoked a law preventing solar PV and wind projects from qualifying for tax credits by committing 5% of the project’s value.
June 9, 2026
As solar deployments are set for a record year in the US, module supply, quality, and reliability will be key topics of conversation at PV ModuleTech USA 2026.
June 9, 2026
Global solar portfolios are increasingly producing fragmented and incomplete data, which can impact project performance and financial returns.
June 8, 2026
Toyo has announced plans to add 1.5GW of heterojunction technology solar cell production capacity at its Houston, Texas facility.

Upcoming Events

Solar Media Events
June 16, 2026
Napa, USA
Media Partners, Solar Media Events
June 30, 2026
Sacramento, California
Media Partners, Solar Media Events
August 25, 2026
São Paulo, Brazil
Media Partners, Solar Media Events
September 1, 2026
Mexico City, Mexico
Media Partners, Solar Media Events
September 9, 2026