The bundled answer will characteristic U.S. made merchandise from each firms and is designed to assist photo voltaic builders pursuing the profitable home content material funding tax credit score below the Inflation Discount Act
Heliene Inc., a customer-first supplier of North American-made photo voltaic PV modules, and OMCO Photo voltaic, a number one factory-direct producer of photo voltaic trackers and fixed-tilt options, have partnered to supply a bundled, domestically-manufactured module and racking answer for the U.S. photo voltaic market.
The providing, unveiled in the present day at RE+ 2024 in Anaheim, Calif. will assist photo voltaic builders trying to incorporate the next quantity of home content material into their initiatives. This qualifies them for the profitable 10% Home Content material Adder (DCA) below the funding tax credit score launched by the Inflation Discount Act (IRA) of 2022.
The answer bundles Heliene’s photo voltaic modules with OMCO Photo voltaic’s racking and trackers in a pre-engineered package, guaranteeing builders high-quality, domestically-made merchandise and quick lead instances. Heliene and OMCO Photo voltaic primarily use locally-built merchandise and parts, an method that derisks U.S. photo voltaic provide chains, helps nationwide power safety and bolsters job creation throughout the clear power manufacturing sector.
“OMCO Photo voltaic’s U.S.-made fixed-tilt racking and trackers are the absolute best accomplice construction to Heliene’s high-quality American-made photo voltaic PV modules. It is solely pure that we flip our shared dedication to home sourcing and manufacturing right into a partnership that delivers excellent worth to our prospects,” stated Martin Pochtaruk, CEO of Heliene, Inc. “As we debut this partnership at RE+ this yr, we look ahead to showcasing not solely this progressive home content material boosting answer but additionally the numerous methods our shared funding into the U.S. photo voltaic market and workforce will profit the trade in years to return.”
The partnership will even profit from the 2 firms’ licensed reporting of home content material, which accounts for each adjusted share guidelines and elective protected harbor guidelines, primarily based on essentially the most present relevant laws and U.S. Treasury Division steerage.
“Heliene’s thrilling development with U.S. manufacturing over the previous few years and its dedication to creating the very best high quality merchandise align completely with our imaginative and prescient and capabilities. This mix is a giant win for our prospects and provides great worth for them to maximise IRA incentives on this American photo voltaic manufacturing period,” stated Gary Schuster, CEO of OMCO Photo voltaic. “Each of our groups acknowledged that we have already got many shared prospects and initiatives, particularly within the DG market, and our resolution to ship this providing and maximize IRA incentives was a simple one.”
“This partnership leverage’s OMCO Photo voltaic’s distinctive place as the one U.S. tracker provider that makes all of our structural parts (together with Torque Tubes) in certainly one of our six owned US manufacturing amenities,” added Eric Goodwin, Vice President of Enterprise Improvement for OMCO Photo voltaic. “Manufacturing unit direct merchandise profit our prospects with shorter lead instances and a easy provide chain vs outsourcing to contract producers.”
Following final month’s two-year anniversary of the IRA, demand for home photo voltaic merchandise and manufacturing stays excessive. This yr alone, Heliene has signed partnerships to supply U.S.-made cells and wafers and introduced plans to pursue a jointly-owned U.S.-based cell facility. By means of their strategic partnership, Heliene and OMCO are poised to reap the benefits of their shared momentum and seize a beforehand untapped phase of the rising U.S. photo voltaic market.
Each firms are on-site at RE+ this week and the brand new module and racking answer shall be showcased within the OMCO Photo voltaic Sales space C42001.
About Heliene
Heliene is certainly one of North America’s fastest-growing home module producers serving the utility-scale, business, and residential markets. With an in-house logistics workforce and remarkably responsive assist workers, Heliene delivers competitively priced, excessive efficiency photo voltaic modules exactly when and the place prospects want them to speed up North America’s clear power transition. Based in 2010, Heliene constantly ranks as a extremely bankable module producer and has manufacturing amenities situated in Canada, and the USA. For extra data, go to www.heliene.com.
About OMCO Photo voltaic
OMCO Photo voltaic is America’s premier factory-direct producer of photo voltaic trackers and fixed-tilt options for distributed technology and utility-scale initiatives. The corporate’s experience in fixed-tilt and single-axis tracker techniques stems from a long time of metal manufacturing, starting in 1955 when OMCO Holdings, its dad or mum firm, was based. Thus far, OMCO Photo voltaic has delivered over 10.5 GW of factory-direct, high-quality photo voltaic mounting buildings worldwide. With a producing footprint spanning coast-to-coast, the corporate delivers their American-made photo voltaic buildings constructed from 100% US metal to builders nationwide. For extra data, please go to OMCO Photo voltaic at www.omcosolar.com
