Highland Materials, Inc. (48C Self-Disclosed)

Highland Materials a unique, patent protected silicon purification technology to produce solar grade polysilicon at less than standard cost and with a 90% reduction in carbon emissions compared to other major manufacturers. Highland will produce 16,000 Metric Tons (MT/year) of solar silicon initially, increasing to 20,000 MT in four years - the equivalent of 11 GW of solar cells.

The U.S. Department of Energy (DOE) released applicant self-disclosed information for 22 projects across 17 states that voluntarily shared with DOE that they received a total of nearly $1 billion in allocations from the Qualifying Advanced Energy Project Credit (48C). Nine of the self-disclosed projects indicated they are located in 48C energy communities – communities with closed coal mines or coal plants—showcasing the Biden Administration’s commitment to investing in America’s energy communities.