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Home » News » Solar » SolarEdge Technologies Completes $40 Million Sale of Section 45X Manufacturing Tax Credits
Solar

SolarEdge Technologies Completes $40 Million Sale of Section 45X Manufacturing Tax Credits

By Stanley SheltonNovember 6, 20242 Mins Read
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Credit: SolarEdge Technologies
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Israel-based SolarEdge Technologies Inc , a supplier of photovoltaic (PV) inverters, has completed its first sale of tax credits under the US Section 45X Advanced Manufacturing Production Tax Credit program, securing $40 million, net of discounts and fees. The credits were accrued from inverters produced during the first half of 2024 at SolarEdge’s manufacturing facility

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