SolarEdge Applauds the U.S. Treasury Department’s Final Rule on the Advanced Manufacturing Production Credit - Accelerating Manufacturing Across U.S. Facilities
SolarEdge Technologies welcomes the U.S. Treasury's final rule on Advanced Manufacturing Production Tax Credit, confirming that their DC-Optimized inverter systems qualify for 11c/w credit. The company operates two U.S. manufacturing facilities: Austin, Texas facility reached 50,000 residential Home Hub Inverters quarterly production in Q2 2024, while Tampa, Florida facility began shipping Domestic Content Power Optimizers in Q2 2024, targeting 2 million units quarterly by Q1 2025. The Tampa facility will also start commercial inverter and Power Optimizer production in Q1 2025. These initiatives support domestic manufacturing expansion and enhance American energy independence.
SolarEdge Technologies accoglie con favore la regola finale del Tesoro degli Stati Uniti riguardante il Credito d'Imposta per la Produzione Avanzata, confermando che i loro sistemi inverter ottimizzati in CC sono idonei per un credito di 11 centesimi per watt. L'azienda gestisce due stabilimenti produttivi negli Stati Uniti: lo stabilimento di Austin, Texas, ha raggiunto una produzione trimestrale di 50.000 inverter residenziali Home Hub nel secondo trimestre del 2024, mentre lo stabilimento di Tampa, Florida, ha iniziato a spedire Power Optimizers con contenuto nazionale nel secondo trimestre del 2024, puntando a 2 milioni di unità trimestrali entro il primo trimestre del 2025. Lo stabilimento di Tampa inizierà anche la produzione commerciale di inverter e Power Optimizers nel primo trimestre del 2025. Queste iniziative sostengono l'espansione della produzione domestica e rafforzano l'indipendenza energetica americana.
SolarEdge Technologies da la bienvenida a la normativa final del Departamento del Tesoro de EE.UU. sobre el Crédito Fiscal por Producción de Fabricación Avanzada, confirmando que sus sistemas de inversores optimizados para CC son elegibles para un crédito de 11 centavos por vatio. La compañía opera dos instalaciones de fabricación en EE.UU.: la instalación de Austin, Texas, alcanzó una producción trimestral de 50,000 inversores residenciales Home Hub en el segundo trimestre de 2024, mientras que la instalación de Tampa, Florida, comenzó a enviar Power Optimizers de contenido nacional en el segundo trimestre de 2024, con un objetivo de 2 millones de unidades trimestrales para el primer trimestre de 2025. La instalación de Tampa también comenzará la producción comercial de inversores y Power Optimizers en el primer trimestre de 2025. Estas iniciativas apoyan la expansión de la fabricación nacional y mejoran la independencia energética estadounidense.
SolarEdge Technologies는 미국 재무부의 최종 규칙인 고급 제조 생산 세액 공제를 환영하며, 자사의 DC 최적화 인버터 시스템이 11센트/와트의 세액 공제를 받을 수 있음을 확인했습니다. 이 회사는 미국에 두 개의 제조 시설을 운영하고 있습니다: 텍사스 주 오스틴의 시설은 2024년 2분기에 50,000대의 주거용 홈 허브 인버터의 분기 생산량을 달성했으며, 플로리다 주 탬파의 시설은 2024년 2분기에 국내 콘텐츠 파워 최적기를 출하하기 시작하여 2025년 1분기까지 분기 200만 대 목표로 하고 있습니다. 탬파 시설은 2025년 1분기부터 상업용 인버터 및 파워 최적기 생산을 시작할 예정입니다. 이러한 이니셔티브는 국내 제조 확대를 지원하고 미국의 에너지 독립성을 강화합니다.
SolarEdge Technologies se réjouit de la règle finale du Trésor américain concernant le Crédit d'Impôt pour la Production Manufacturière Avancée, confirmant que ses systèmes d'onduleurs optimisés en courant continu sont éligibles à un crédit de 11 cents par watt. L'entreprise possède deux sites de production aux États-Unis : l'usine d'Austin, au Texas, a atteint une production trimestrielle de 50 000 onduleurs résidentiels Home Hub au deuxième trimestre 2024, tandis que l'usine de Tampa, en Floride, a commencé à expédier des Power Optimizers à contenu national au deuxième trimestre 2024, visant 2 millions d'unités par trimestre d'ici le premier trimestre 2025. L'usine de Tampa commencera également la production commerciale d'onduleurs et de Power Optimizers au premier trimestre 2025. Ces initiatives soutiennent l'expansion de la fabrication nationale et renforcent l'indépendance énergétique américaine.
SolarEdge Technologies begrüßt die endgültige Regelung des US-Finanzministeriums zum Steuerkredit für fortgeschrittene Fertigungsproduktion, die bestätigt, dass ihre DC-optimierten Wechselrichtersysteme für einen Kredit von 11 Cent/Watt qualifiziert sind. Das Unternehmen betreibt zwei Fertigungsanlagen in den USA: Die Anlage in Austin, Texas, erreichte im zweiten Quartal 2024 eine vierteljährliche Produktion von 50.000 Wohn-Hub-Wechselrichtern, während die Anlage in Tampa, Florida, im zweiten Quartal 2024 mit dem Versand von Power Optimizers mit einheimischem Inhalt begann, mit dem Ziel von 2 Millionen Einheiten pro Quartal bis zum ersten Quartal 2025. Die Tampa-Anlage wird auch im ersten Quartal 2025 mit der kommerziellen Produktion von Wechselrichtern und Power Optimizers beginnen. Diese Initiativen unterstützen die Ausweitung der heimischen Produktion und stärken die amerikanische Energieunabhängigkeit.
- Qualification for 11c/w manufacturing production credit
- Austin facility achieving 50,000 quarterly inverter production rate
- Tampa facility on track for 2 million power optimizers quarterly by Q1 2025
- Expansion into commercial inverter production starting Q1 2025
- None.
Insights
The Treasury Department's final ruling on the Advanced Manufacturing Production Tax Credit marks a significant operational milestone for SolarEdge. The
The dual-facility strategy, combining Texas and Florida operations, creates robust supply chain redundancy and positions SolarEdge to capture significant market share in the U.S. solar component manufacturing space. The expansion into commercial inverter production in Tampa further diversifies the product portfolio and manufacturing capabilities, potentially leading to economies of scale and improved margins.
The final rule represents a significant policy win for domestic solar manufacturing, particularly benefiting established players like SolarEdge with existing U.S. operations. The Section 45X tax credits provide important financial support for scaling domestic production, effectively reducing the cost gap between U.S. and overseas manufacturing. This policy framework creates a multi-year runway for sustainable domestic manufacturing growth, enhancing supply chain security and reducing dependency on imports.
The alignment with broader energy security objectives and job creation goals strengthens the likelihood of continued policy support. This regulatory certainty is particularly valuable for long-term capital investment planning and market positioning.
- The final rule confirms that SolarEdge DC-Optimized inverter systems qualify for the 11c/w advanced manufacturing production credit.
- The advanced manufacturing production credits support the Company’s ability to provide SolarEdge installers, commercial developers, and their customers with dependable, fast access to domestically produced, best-in-class technology.
An Important Milestone for Both SolarEdge Residential and Commercial Offerings: The rule positively impacts SolarEdge’s
Ronen Faier, Interim Chief Executive Officer of SolarEdge, said: “We commend the
Bertrand Vandewiele, General Manager of SolarEdge in
About SolarEdge
SolarEdge is a global leader in smart energy technology. By leveraging world-class engineering capabilities and with a relentless focus on innovation, SolarEdge creates smart energy solutions that power our lives and drive future progress. SolarEdge developed an intelligent inverter solution that changed the way power is harvested and managed in photovoltaic (PV) systems. The SolarEdge DC optimized inverter seeks to maximize power generation while lowering the cost of energy produced by the PV system. Continuing to advance smart energy, SolarEdge addresses a broad range of energy market segments through its PV, storage, EV charging, batteries, and grid services solutions. Visit us at: solaredge.com
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SolarEdge Technologies, Inc.
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SolarEdge Technologies, Inc.
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Source: SolarEdge Technologies, Inc.
FAQ
What production credit did SolarEdge (SEDG) qualify for under the U.S. Treasury's final rule?
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