PV wafer manufacturing company NexWafe GmbH has expanded into the US by establishing a subsidiary in the country. With plans for multi-gigawatt-scale solar wafer production in the US and leveraging its EpiNex technology, the company aims to achieve 6 GW of production capacity initially. It has also appointed Jonathan Pickering as the Vice President of Business Development to spearhead its North American business development efforts. This strategic move aligns with the objectives of the Inflation Reduction Act, aiming to address vulnerabilities in the solar-wafer supply chain and support the ongoing energy transition.
NexWafe expands into U.S. for 6 GW solar wafer production
NexWafe’s US expansion envisions 6 GW solar wafer production using EpiNex, offering superior performance and 60% lower carbon footprint than current methods. (Image Credit NexWafe).
The company currently operates 50 MW of solar capacity and has 283 MW in development in the Valencian region. (Image Source: NextPower UK)
The project will provide renewable energy to 600 residential subscribers, including low- and moderate-income households, at reduced rates. (Image Source: Chaberton Energy)
India, China, and Indonesia will lead APAC’s 57 GW dc floating solar capacity, achieving 31 GW (DC) combined by 2033. (Image Source: SOLARbytes)
EOS Capital Advisors advised Balanced Rock Power in selling its 25 MW solar project to Standard Solar. (Image Source: Standard Solar)