Canadian solar panel maker Heliene and India’s solar cell maker Premier Energies are joining forces to build a US solar cell factory.

This is great news for the US, as there is currently a shortage of US solar cell manufacturing capacity.

Chiranjeev Saluja, managing director at Premier Energies, said, “This joint venture will leverage the best of both companies’ resources and knowledge to tap the largely unaddressed demand for US cell manufacturing.”

Heliene says the decision to invest jointly in the US solar industry is in direct response to the incentives and tax credits introduced by President Biden’s Inflation Reduction Act (IRA).

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Source: electrek

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