News Feature: Texas-Based Manufacturer Ramps Up Solar Tracker Production For Nevados
A DALLAS MORNING NEWS ARTICLE DISCUSSES THE U.S. INFLATION REDUCTION ACT AND HOW IT HAS ENCOURAGED PRIEFERT MANUFACTURING, A TEXAS-BASED COMPANY, TO PRODUCE SOLAR MATERIALS FOR THE NEVADOS ATT®.
The Inflation Reduction Act (IRA) is a federal program designed to encourage sustainable energy production in the U.S., while also creating jobs and driving economic growth. The program offers tax credits to domestic manufacturers when they produce green energy materials, such as solar tracking and mounting equipment.
Thanks to the IRA, one of Nevados’ primary partnerships — a Texas-based company called Priefert Manufacturing — has invested heavily in building solar equipment, stepping up their production of components used for the Nevados All-Terrain Tracker®. Historically, the company has focused its efforts on other products for farming and ranching, but they’re diving headfirst into the solar industry because of the lucrative opportunities provided by the IRA’s tax credits.
The investment Priefert has made in solar equipment production includes a gradual addition of hundreds of employees to its team to help with everything from manufacturing to shipping and handling. Rocky Christenberry, executive vice president of Priefert, calls the decision to fully embrace solar production a “no-brainer” because of the financial incentives.
Nevados is focused on innovating the utility-scale solar industry with the ATT®, and the increasing desire for manufacturers across the U.S. to produce solar tracking materials is certainly good news. This is especially exciting when considering the many benefits of domestic solar manufacturing as opposed to relying on overseas factories and global supply chains.
Read the full article in the Dallas Morning News and learn more about how the IRA has encouraged Priefert Manufacturing (as well as many other domestic manufacturers) to invest heavily in solar equipment production and other green energy materials.