DYCM Energy says it plans to accomplice with Macquarie Capital in growing an $800 million photo voltaic cell and module manufacturing facility inside the U.S.
The power is about to initially produce 2 GW of TOPCon cells and assembled modules yearly, with a deliberate enlargement of 6 GW. The corporate is finalizing the positioning choice course of within the Southeast.
The modules are slated to fulfill home content material necessities, with the corporate coming into right into a provide settlement with a U.S.-based polysilicon supplier and secured an MOU with a North American glass producer.
“The Inflation Discount Act created a novel alternative for the U.S. to re-establish itself as a frontrunner in photo voltaic manufacturing,” says Sriram Das, co-founder and govt chairman of DYCM Energy.
“With the help of Macquarie Capital and our world class companions, we’re taking a big step in direction of photo voltaic know-how self-sufficiency and strengthening America’s power safety, whereas additionally setting a brand new normal for high quality and sustainability in photo voltaic manufacturing.”
Mortenson will oversee the engineering and building of the ability. ECM Greentech Engineering will probably be a strategic accomplice to the venture.
Shipments are anticipated to start out in 2026.
