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New solar panel factory could cut installation costs to near zero for homeowners: 'Not just creating jobs'
New solar panel factory could cut installation costs to near zero for homeowners: 'Not just creating jobs'

Yahoo

time27-05-2025

  • Business
  • Yahoo

New solar panel factory could cut installation costs to near zero for homeowners: 'Not just creating jobs'

One of the biggest clean energy manufacturing projects in North Carolina history has arrived. Vietnamese solar panel maker Boviet Solar opened a factory in Greenville, its first American facility. The grand opening of phase one of the factory was held in late April, about one year after the company announced it would be opening a factory there. The opening creates 460 new jobs for the area, with more than 900 coming with phase two. Right now, North Carolina is one of the nation's top solar energy producers. At the end of 2023, the state ranked fourth in solar generating capacity and fifth in solar power generation. This development creates jobs and also supports more than 100,000 clean energy positions across the state. "This facility is not just creating jobs but creating opportunity, innovation, and a stronger foundation for eastern North Carolina," Sen. Kandie Smith said at the grand opening. The factory also offers neighbors greater access to solar energy. Without the added expense of international shipping, the price of solar panels will likely go down, adding to energy cost savings of nearly 100%. Home solar is definitely having a moment right now, and 2025 could be the biggest year ever for the industry. Congress is considering an early end to the residential solar tax credits under the Inflation Reduction Act, which could now end on Dec. 31 of this year instead of the planned end date of Dec. 31, 2034. Those credits often save buyers around $10,000. Companies such as EnergySage, which provides a free service that makes it easy to compare quotes from vetted local installers and navigate those savings on a solar installation, will be able to offer even better deals with the improvements in home solar tech driving down the costs of older tech as well. If you were to install home solar panels, which of these factors would be your primary motivation? Energy independence Lower power bills Helping the planet No chance I ever go solar Click your choice to see results and speak your mind. Join our free newsletter for good news and useful tips, and don't miss this cool list of easy ways to help yourself while helping the planet.

BOVIET SOLAR TO SHOWCASE NEW TOP-PERFORMING PV MODULES AT ACP CLEAN POWER TRADE SHOW AND CONFERENCE
BOVIET SOLAR TO SHOWCASE NEW TOP-PERFORMING PV MODULES AT ACP CLEAN POWER TRADE SHOW AND CONFERENCE

Associated Press

time06-05-2025

  • Business
  • Associated Press

BOVIET SOLAR TO SHOWCASE NEW TOP-PERFORMING PV MODULES AT ACP CLEAN POWER TRADE SHOW AND CONFERENCE

SAN JOSÉ, Calif., May 6, 2025 /PRNewswire/ -- Boviet Solar Technology Co. Ltd. (the 'Company' or 'Boviet Solar'), a leading solar energy technology company specializing in monocrystalline PV cells and Gamma Series™ Monofacial and Vega Series™ Bifacial PV modules, will be showcasing its new lines of N-Type solar cell-based PV modules at the ACP Clean Power exhibition and conference from May 19 to 22, 2025 in Phoenix, Arizona. Boviet Solar will be exhibiting in the North Building-Lower Level of the Phoenix Convention Center at booth number 2037. Boviet Solar's Gamma Series™ Monofacial and Vega Series™ Bifacial PV modules are crafted with advanced technology and built from durable components under strict quality control and high-tech manufacturing processes. Featuring N-Type cell, half-cut, multi-busbar, and large cell designs, these modules deliver higher power output, capture more light, and generate more energy. This ensures exceptional power, performance, and reliability for residential, commercial, industrial, and utility-scale solar solutions, giving developers, installers, and EPCs the confidence and peace of mind they need for their investments. The company will display the latest module offerings: Vega Series™ Mono-Monofacial PV Module I N-Type Application Type: Residential Maximum Power Output: 435W Design Type: Black Frame / Transparent Back Module Efficiency: 22.28% Cell Efficiency: 24.5% Module Dimensions: 67.8 x 44.65 x 1.19 inches Module Weight: 44.09 lb Module Code: BVM7609M-XXX-H-HC-BF Vega Series™ Mono-Bifacial PV Module I N-Type Application Type: C&I / Utility Maximum Power Output: 580W Design Type: Single Glass / Silver Frame / Transparent Backsheet Module Efficiency: 22.45% Cell Efficiency: 24.5% Module Dimensions: 89.69 x 44.65 x 1.38 inches Module Weight: 61.73 lb Module Code: BVM7612M-XXX-H-HC-BF Vega Series™ Mono-Bifacial PV Module I N-Type Application Type: Utility Maximum Power Output: 630W Design Type: Double Glass / Silver Frame Module Efficiency: 23.3% Cell Efficiency: 24.5% Module Dimensions: 93.86 x 44.65 x 1.3 inches Module Weight: 71.65 lb Module Code: BVM8611M-XXXR-H-HC-BF-DG Vega Series™ Mono-Bifacial PV Module I N-Type Application Type: Utility Maximum Power Output: 720W Design Type: Double Glass / Silver Frame Module Efficiency: 23.18% Cell Efficiency: 24.5% Module Dimensions: 93.86 x 51.30 x 1.3 inches Module Weight: 83.78 lb Module Code: BVM8611M-XXX-H-HC-BF-DG 'We're looking forward to connecting with our partners and clients at ACP Clean Power, where we'll share exciting developments happening at our company, including Boviet's U.S. PV Module Factory which started Phase 1 production on April 24th 2025 and its upcoming completion of Phase 2 PV cell manufacturing, as well as advancements in our manufacturing, technology, and product innovations,' said Sienna Cen, President of Boviet Solar USA. 'It's going to be a fantastic event for Boviet Solar.' With a proven track record of successfully working with many of the industry's leading players, Boviet Solar has been named a BNEF Tier 1 PV module manufacturer, a Wood Mackenzie top 10 global bankable PV module manufacturer, and a Sinovoltaics top 10 global financially stable PV module manufacturer. Boviet Solar's PV modules are known for their power, performance, and quality and have been rated as top performers on PVEL Kiwa's PV Module Reliability Scorecard since 2019. About Boviet Solar Boviet Solar is a leading solar technology company founded in 2013 in Vietnam, specializing in the manufacturing of high-performance Monocrystalline PV cells and high-quality Gamma Series™ Monofacial and Vega Series™ Bifacial PV modules for residential, commercial, industrial, community and utility-scale solar applications. Boviet Solar combines business acumen, financial stability, technological expertise, and manufacturing excellence to produce top-performing PV modules, while fostering mutual partnerships, ensuring sustainability, supply chain traceability, and compliance with international trade standards. Boviet Solar has earned a reputation for excellence, holding a Bloomberg New Energy Finance (BNEF) Tier 1 ranking, being recognized as one of the top 10 most reliable PV module manufacturers by Wood Mackenzie and Sinovoltaics, and consistently rated as a Top Performer in Kiwa PVEL's PV Module Reliability Scorecard. Boviet Solar's global headquarters is in Vietnam, with manufacturing facilities in both the USA and Vietnam, featuring an annual PV cell and PV module capacity of 3.0 GW, along with additional operations in the USA, Germany, and other regional markets. For more information about our company and products, please visit MEDIA INQUIRES: Songül Atacan Head of Global Brand and Marketing Boviet Solar [email protected] View original content: SOURCE Boviet Solar USA

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