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Jiangyang Photovoltaic Panel Acquisition Company
Corning Incorporated has acquired JA Solar's Arizona module facility, integrating it into its wholly owned subsidiary, American Panel Solutions. The transaction, completed on April 4, 2025, marks a major move as Corning strengthens its vertically integrated solar manufacturing. . Materials science giant Corning is betting on US solar, buying Chinese-owned JA Solar's 2 GW factory in Arizona as clean energy tax credit rules tighten. A company. . Under the name American Panel Solutions, Corning will expand its footprint by manufacturing solar modules to serve the U. Corning, a materials science specialist, takes a step further into the U. The acquisition comes as new tax credit rules tighten, making it harder for solar companies to tap into federal tax breaks if they have more than 60% of their materials from China.
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