section 45x

T1 Energy has completed its first sale of Section 45X production tax credits (PTCs) in a deal valued at US$160 million.

First Solar has sold US$311.8 million in tax credits to “a leading financial institution” under the rules set out in the IRA.

Silfab Solar has raised US$110 million through the sale of Section 45X Advanced Manufacturing Production Tax Credits (PTCs).

The US general election and its aftermath, along with struggles from Western inverter manufacturers have dominated Q4 news in 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.

Two US representatives have submitted a resolution to amend the 45X Advanced Manufacturing Production Tax Credit (PTC) in the US.

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.

The US Treasury has finalised its rules for the 45X Advanced Manufacturing Production Tax Credit under the Inflation Reduction Act.

The US needs to include wafer production in the domestic content incentives, writes NexWafe CEO Davor Sutija.

Swiss-owned solar manufacturer Meyer Burger has started production at its heterojunction (HJT) module assembly plant in Goodyear, Arizona.