Company Announcements

Sun Silver Ltd. Eyes US Clean Energy Tax Credit

Sun Silver Ltd. (AU:SS1) has released an update.

Sun Silver Ltd., an Australian company, is in the final stages of securing a substantial US$60 million tax credit from the US Department of Energy for its innovative Silver Paste Production Facility in the United States. This facility aims to bolster the domestic solar PV cell industry by producing high-quality silver paste, essential for solar panel efficiency, and reducing reliance on foreign suppliers like China. The move aligns with US clean energy goals and is supported by increasing tariffs on Chinese solar imports to promote local manufacturing.

For further insights into AU:SS1 stock, check out TipRanks’ Stock Analysis page.

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