US Solar Cell Manufacturer Rises From The Dead, Again
3 minute readPublished: Thursday, April 16, 2026 at 4:01 pm
US Solar Manufacturer Suniva Announces Major Expansion
A US solar cell manufacturer, Suniva, is making a significant comeback, announcing plans to dramatically increase its production capacity. The company, which emerged from bankruptcy, aims to boost its annual output from 1 gigawatt to over 5.5 gigawatts, making it the largest merchant solar cell manufacturer in the United States.
Suniva, originally spun out of research, faced financial difficulties and declared bankruptcy in 2017. However, with backing from investment firms, including Lion Point Capital and Orion Infrastructure Capital, the company has been revitalized. The company's expansion includes a new 4.5-gigawatt solar cell factory in South Carolina, in addition to its existing facility in Georgia.
The company has also entered into a strategic contract with Canadian solar manufacturer Heliene, which will utilize Suniva's solar cells in its new Minnesota factory. This partnership will produce the first crystalline solar modules with US-made solar cells, making them eligible for tax credits under the Inflation Reduction Act.
The company's CEO, Tony Etnyre, emphasized the economic benefits of solar energy, stating it is the fastest and most economical way to grow the nation's energy supply. The expansion comes amid a growing demand for solar power and a shift in the energy landscape.
BNN's Perspective:
The resurgence of Suniva and the expansion of domestic solar cell manufacturing are positive developments. While the industry faces challenges, the increasing demand for renewable energy and government incentives create a favorable environment for growth. This expansion could contribute to energy independence and job creation.
Keywords: Suniva, solar cells, manufacturing, expansion, renewable energy, bankruptcy, Heliene, Inflation Reduction Act, domestic production, energy supply, US, South Carolina, Georgia, Minnesota, tax credits