Excelsior Power Capital has entered a multiyear settlement to accumulate 2 GW of PV modules from Heliene, with the 2 firms anticipated to work carefully as part of the settlement.
The modules equipped beneath the settlement are slated to primarily be produced at a Heliene manufacturing unit in Mountain Iron, Minn., and at a brand new manufacturing unit Heliene plans to construct within the better Minneapolis-St. Paul space.
“The Excelsior crew is worked up by the wide-ranging advantages of this new settlement, which materially derisks provide of PV modules for our initiatives and permits us to work collaboratively alongside a longtime trade participant as they broaden and innovate over time,” says Chris Frantz, accomplice at Excelsior.
A majority of the PV modules equipped by Heliene are slated to be produced within the U.S.
