Excelsior Energy Capital, a renewable energy investor, has entered into a multiyear agreement with Heliene, Inc., a solar equipment manufacturer, to acquire 2.0 GW of PV modules. These modules will primarily come from factories in Mountain Iron, Minnesota, and a new facility in the Greater Minneapolis-St. Paul area, with a focus on US production to bolster American clean energy jobs. This partnership aims to mitigate supply chain risks for Excelsior, such as shipping delays and trade-related issues, while ensuring a steady, high-quality supply of solar equipment for Excelsior’s projects.
Excelsior Energy Capital partners with Heliene
The partnership between Excelsior Energy Capital and Heliene boosts US domestic solar manufacturing and job growth. (Image Credit: Excelsior Energy).
Actualize Solar has signed five long-term PPAs in 2024, advancing its 1.5 GW solar project portfolio across six US states. (Image Source: Businesswire)
Located in Enna and Catani a, the 242.78 MW solar plant was designed to produce 400 GWh annually, meeting the needs of 154,000 households. (Inage Source: Iberdola)
Scatec has secured EUR 25 million from IFU, alongside equity and non-recourse debt, for its USD 85 million project financing. (Image Source: Scatec ASA)
EliTe Solar launched its 5 GW PV project in Egypt’s TEDA Suez Zone, set to begin production by September 2025. (Image Source: PRNewswire)