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#Treasury/IRS

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Oct 21Wed
  1. Solar Power World

    NeoVolta opens 4-GWh battery storage factory in Georgia through joint venture with PotisEdge

    NeoVolta Power, a joint venture between NeoVolta and PotisEdge, a LONGi Green Energy company, opened a 4-GWh lithium battery energy storage system manufacturing site in Pendergrass, Georgia, in September, with a second line planned to reach 8 GWh as orders warrant. CEO Ardes Johnson said the site is designed to support FEOC-compliant and domestic content-eligible solutions, that NeoVolta holds the controlling interest and 100% of the board, and that the FEOC rules are still being finalized by the IRS. He said U.S.-made cells are not yet available at the needed volume or price, so Chinese-sourced cells have bridged the gap in the near term.

Oct 19Mon
  1. USTR · Press Releases

    USTR resolves USMCA Rapid Response Labor Mechanism matter at Alimentos Grole in Sonora, Mexico

    The U.S. Trade Representative announced the resolution of the USMCA facility-specific Rapid Response Labor Mechanism matter at the Alimentos Grole, S.A. de C.V. facility in Ciudad Obregón, Sonora, Mexico, after the course of remediation agreed with Mexico was implemented. The USTR has directed the Secretary of the Treasury to resume liquidation of unliquidated entries of goods from the facility. The remediation included reinstating nine dismissed workers with full backpay and benefits, disbanding the company-aligned internal labor committee, and facility access for the union SITIES.

Oct 17Sat
  1. pv magazine (Global)

    Qcells plans U.S.-made aluminum frames for Q.Tron AC and Q.Peak Duo AC residential panels by end of 2026

    Qcells announced plans to launch versions of its Q.Tron AC and Q.Peak Duo AC residential solar panel lines with aluminum frames extruded, anodized and fabricated at Aluko Group's facility in Halls, Tennessee, by the end of 2026. Qcells says the domestic frames are aimed at helping residential installers and third-party ownership providers qualify for the Investment Tax Credit domestic content bonus adder, which under Treasury Department guidance requires solar hardware to meet specific domestic manufacturing thresholds for the 10% bonus. Aluko's Lauderdale County, Tennessee plant is expected to reach full commercial production by the end of 2026, with planned annual capacity to support 4 GW of solar modules.

Oct 16Fri
  1. pv magazine USA

    Qcells to launch residential solar panels with U.S.-made aluminum frames by end of 2026

    Qcells announced plans to launch new versions of its residential solar panel series, including the Q.TRON AC and Q.PEAK DUO AC lines, featuring aluminum frames extruded, anodized and fabricated at ALUKO Group's facility in Halls, Tennessee, by the end of 2026. The company says the domestic frames are aimed at helping residential installers and third-party ownership providers qualify for the Investment Tax Credit domestic content bonus adder, which under Treasury Department guidance requires solar hardware to meet specific domestic manufacturing thresholds for the 10% bonus. The statutory domestic content threshold for clean energy projects begins stepping up toward 55% for projects commencing construction in 2027.

Sep 30Wed