星期日, 18 1 月, 2026
Home PV News Solar panel manufacturer receives $197mn loan guarantee

Solar panel manufacturer receives $197mn loan guarantee

SoloPower, a California-based manufacturer of flexible thin-film solar cells and modules, received a $197 million loan guarantee from the U.S. Department of Energy to support the construction of three facilities that will produce 400 MW of photovoltaic (PV) modules a year.


The company will use the money to expand an existing operation in San Jose, Calif. and construct and operate two new facilities in Portland, Ore. Improvements to the California plant have already begun and construction is expected to begin on the Oregon plant in September.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

Scatec signs landmark PPA in Egypt for 1.95 GW Solar and 3.9 GWh BESS capacity

Scatec ASA, a leading renewable energy solutions provider, has signed a Power Purchase Agreement (PPA) with the Egyptian Electricity Transmission Company (EETC) for a...

European Investment Bank finances $150m Egyptian solar farm

The global development arm of the European Investment Bank (EIB) has announced a $150m loan to finance the Obelisk solar photovoltaic project in Qena,...

Iran Approves 100GW Solar Power Projects

Recently, Jafar Mohammadi Nejad Sijaroudi, Deputy Director of Investment at Iran’s Renewable Energy and Energy Efficiency Organization (SATBA), confirmed that the country has issued...

INDIA’S PLI DRIVES GROWTH IN SOLAR MANUFACTURING SECTOR: REPORT

The report says that most of the progress will depend on sustained policy coherence, capital mobilisation and upstream integration India’s Production-linked incentive (PLI) for high-efficiency...