Solar Power

Products for Solar Power Equipment Manufacturing

Century Fasteners Corp. stocks and distributes products from leading fastener and component suppliers to manufacturers for the construction of solar power equipment.

SOLAR INDUSTRY NEWS UPDATE:

IRA Tax Credits for Manufacturing
The recently passed IRA Act includes over $60 billion for clean energy manufacturing in the U.S, $30 billion of which is through tax credits for clean energy companies to deploy more solar, wind, and batteries across the energy grid over ten years.

Manufacturing tax credits for domestic solar trackers are included:

Torque tube (defined as: rotated by a tracker drive system): 87¢/kg
Structural fastener (used to connect a tracker’s mechanical/drive system to the foundation, torque tubes to drive assembles, or segments of torque tubes to one another): $2.28/kg

For reference, here is the link to the complete Inflation Reduction Act of 2022. (Scroll down to H.R.5376-156 on page 156)

If your company manufactures solar power energy equipment, Century can provide, stock and manage your domestic fasteners inventory to help lower your cost of manufacturing and assist your company in providing important equipment throughout the world.