Following the passage of the Inflation Reduction Act (IRA), OMCO Solar has expanded its Pierceton, Indiana manufacturing plant and has reached a milestone of delivery 9.5 GW of photo voltaic mounting and racking options.
In mild of the corporate’s newest $5 million photo voltaic manufacturing funding, introduced in April of 2022, OMCO Photo voltaic has now directed a complete of $75 million in direction of tools and tooling throughout its 4 home factories in Alabama, Arizona, Indiana and Ohio. OMCO Photo voltaic’s newest funding is concentrated on manufacturing OMCO Origin Tracker Torque Tubes in Indiana and Arizona.
“With greater than 65 years of superior metal manufacturing and over a decade of proprietary racking and tracker improvement, OMCO Photo voltaic has lengthy been devoted to home manufacturing,” mentioned Gary Schuster, president and CEO of OMCO Holdings. “In reality, we’re the one racking and tracker firm with all U.S. manufacturing places, enabling factory-direct delivery for the shortest lead occasions and low freight prices.”
To additional broaden capacities on the Indiana operations, the Firm has added a further facility, and now has over 500,000 sq ft of home manufacturing capability in whole, throughout its 4 home manufacturing facility places.
“SEIA estimates the incentives this ‘#AmericanEnergyDeal’ offers might spur U.S. manufacturing capability to exceed 50 GW by decade’s finish. Now, because of the IRA tax credit score provisions for trackers, we are able to proceed to develop our workforce, options and factories to higher serve our valued companions,” mentioned Eric Goodwin, director of enterprise improvement at OMCO Photo voltaic. “As a premier American producer, OMCO Photo voltaic is obsessed with creating jobs and accelerating our nation’s transition to wash power to satisfy crucial local weather change objectives.”
Over the past 12 months, OMCO Photo voltaic has shipped 1 GW of its factory-direct Subject-Quick, OMCO Alternative and OMCO Origin mounting constructions to over 30 states.
“We actually are a one-stop-shop for tracker and fixed-tilt programs for utility-scale and distributed technology,” Goodwin mentioned.
Information merchandise from OMCO Photo voltaic