October 12, 2023

IRA helps Suniva bounce back after bankruptcy

Suniva, US solar cell manufacturer, plans 1 GW production after 2017 bankruptcy.
Suniva is restarting Norcross facility in Georgia by Spring 2024, thanks to IRA.
Phase II expansion aims for 2.5 GW annual capacity.
Orion Infrastructure Capital commits $110M for modern equipment installation.
Suniva to provide “Uyghur Forced Labor Compliant Wafers” compliant wafers for its cells.