Taiwan’s SAS and URECO plan to invest around $40 million to establish a 1 GW annual solar module manufacturing facility in the US
SAS will own 51% of the new US venture, while URECO will hold the remaining 49%
The venture aims to support the US market with locally manufactured solar modules
Taiwan-based solar PV manufacturing companies Sino-American Silicon Products Inc. (SAS) and United Renewable Energy Co. (URECO) have entered a joint venture (JV) to establish a solar PV module manufacturing facility with an annual production capacity of 1 GW.
The companies said the US-based JV will involve a planned investment of around $40 million, with SAS holding a 51% stake and URECO owning the remaining 49%. The new company will be led by solar industry executive Fred Yeh.
According to the announcement, the facility will focus on manufacturing solar modules for the US market while supporting customers through local operations and a domestic supply chain.
Claiming a strong presence in the US market, the partners said they aim to combine their capabilities in materials, technology, manufacturing, sales, and brand management to supply modules with product traceability and long-term supply reliability in the country.
As electricity demand in the US increases with the rise in AI data centers, it is creating more opportunities for companies that can manufacture solar products in the US with reliable and transparent supply chains, the partners highlight.
“The ability to manufacture locally in the United States, provide full product traceability, and ensure long-term supply reliability has become increasingly important for securing large-scale projects and expanding in the U.S. market,” state the companies. Their JV plans to capitalize on these opportunities.
SAS said it will contribute its experience in solar cell technology, manufacturing, and international operations, while URECO will bring its expertise in module engineering, quality management, and sales channels in the US market. The duo has not shared details about the location or the timeline of their proposed US factory.
URECO was formed as a result of a merger between three leading Taiwanese solar cell manufacturers – Neo Solar Power, Gintech, and Solartech – with Neo Solar Power as the surviving entity. URECO currently features in the 23rd spot on the TaiyangNews TOP SOLAR MODULES Listing July 2026 with its GLORY TOPCon module rated at 22.45% efficiency (see TOP SOLAR MODULES Listing – July 2026).
Notably, in May 2025, SAS entered into a JV with India’s Premier Energies for a solar silicon wafer facility in India with an initial 2 GW annual production capacity to serve global markets (see Premier Energies, SAS To Set up 2 GW Solar Wafer Unit In India).
