Heliene secures $54 million investment to expand US manufacturing

Heliene has obtained a $54 million investment from Transition Equity Partners to expand its solar cell and module production in the United States. From pv magazine USA Heliene, a PV module manufacturer with facilities in Canada and the United States, has announced the closing a strategic equity investment of up to $54 million from Transition Equity Partners. The investment will support the expansion of Heliene's manufacturing footprint. The strategic investment from Transition Equity Partners follows the announced $50 million in 45X production tax credit transfer to enable the company to reduce ...

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