PV Hardware expects its new 6 GW plant to be operational by 2023. The planned factory is the latest in a wave of solar supply chain onshoring that has occurred since the passage of the US Inflation Reduction Act.
PV Hardware (PVH) ranks among the largest solar tracker providers in the world, with nearly 10% of global market share. The company has manufacturing facilities in Spain and Saudi Arabia, and has been a market leader in European and Middle East markets since 2018. Now, it is set to make a splash in the US market, as it has announced plans to build a facility to manufacture its products in Texas.
The company said it expects the 6 GW factory to be operational by June 2023. It said most companies sign sourcing agreements with a wide set of providers, but it operates differently. The company said it controls every aspect of its product, from buying its own steel, sourcing electronics to building its own controllers, making its own rivets, owning its robotics, and paying for in-house PVH labor. The site will be the company’s third wholly owned factory in the world.
“The solar industry is one of the most challenging in terms of execution times. We are building bigger plants than ever in a shorter period of time, it is an impossible task if it’s not well supported by suppliers,” aid Hitesh Patel, head of solar PV for KSA. “Thanks to PVH, we are able to received the material in the shortest time imaginable and start construction on schedule despite challenging market dynamics and supply chain disruptions. A dedicated manufacturing line is essential for short and timely deliveries.”
PVH has operated in the United States since it was established in California in 2011. The company has supplied more than 2.5 GW at 36 solar projects across the country. Its new factory is the latest in a wave of clean-tech manufacturing developments since the passage of the US Inflation Reduction Act (IRA). The IRA incentives include:
Across the solar supply chain, the IRA includes the following credits:
“With long-term incentives for clean energy deployment and manufacturing, the solar and storage industry is ready to create hundreds of thousands of new jobs and get to work building out the next era of American energy leadership,” said Abigail Ross Hopper, the president of the Solar Energy Industries Association.
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