HelioForge is an American-owned, tribal-member-led, veteran-led vertically integrated solar manufacturing ecosystem combining cell production, module assembly, and photovoltaic recycling on a single industrial footprint in Oklahoma City, Oklahoma. Atlas, Nexus, and Horizon operate as one platform — and together, they capture the full IRA Section 45X credit stack that no foreign-cell competitor can touch.
Horizon recovers raw material from end-of-life panels. Nexus converts silicon wafers into TOPCon cells. Atlas laminates those cells into Crius Series modules. Closed-loop material flow, domestic content qualifying, IRA 45X stacking — by design.
Recovers glass, aluminum, copper, and silicon from end-of-life photovoltaic modules. Supplies feedstock back into Nexus.
Produces TOPCon cells at 25.3%+ efficiency under Tainergy technology transfer. First cell output targeted April 2027.
EcoProgetti semi-automated line laminating Crius Series 5 (PERC) then Series 6 (TOPCon) modules. First production Q1 2027.
600 MW of domestic solar module assembly, scaling to 660 MW at peak. The line runs EcoProgetti SRL semi-automated lamination equipment out of Italy — three shifts, 120+ FTE at full operation.
Phase 1 Crius Series 5 modules use PERC cells sourced domestically from ES Foundry, qualifying immediately for the IRA Section 45 domestic content bonus. Phase 2 shifts to Crius Series 6 TOPCon modules using cells produced upstream at Nexus — closing the vertical integration loop and capturing the full $0.11/W Section 45X credit stack.
Total capital: $48.6M ($45.7M base + $2.9M contingency) for equipment and renovation. Annual revenue at capacity: approximately $202.7M at current ASP.
High-reliability PERC module built on domestic cells from ES Foundry. Designed for utility, commercial, and tribal development deployments where proven field performance and 45 domestic-content bonus qualification matter most.
Next-generation TOPCon module laminating cells produced in-house at Nexus. Delivers full IRA 45X stack ($0.07/W cell + $0.04/W module = $0.11/W) plus domestic content bonus plus energy community adder — the most incentive-rich module available in the domestic market.
1 GW of annual TOPCon cell production capacity — the largest capacity tier available under NSEC's technology transfer agreement with Tainergy, a recognized specialist in high-efficiency silicon cell architecture.
Tainergy's TOPCon process produces cells at 25.3%+ efficiency, placing Nexus output at or above prevailing industry bests. First cell output is targeted for April 2027, feeding directly into Atlas Phase 2 module production and into the broader domestic cell market that is presently almost entirely import-dependent.
This is the piece American solar manufacturing has been missing: a scaled domestic cell line operating under tribal-member and veteran ownership. Over 90% of U.S. solar cells are imported from four Asian countries. Nexus moves that needle measurably.
6,000 tons per year of photovoltaic recycling capacity. Horizon recovers glass, aluminum, copper, and silicon from end-of-life and reject modules — both from NSEC's own production and from third-party panels reaching end-of-life in the U.S. market.
The recycling operation closes the HelioForge loop: recovered silicon flows back upstream as feedstock for Nexus cells; recovered aluminum and glass offset procurement costs for Atlas module assembly. The result is a closed-loop manufacturing operation that reduces input cost volatility, strengthens ESG positioning with institutional capital partners, and positions NSEC ahead of an incoming U.S. solar-waste regulatory environment.
Horizon also represents an independent revenue stream — processing third-party panels for a fee — and an early foothold in a domestic recycling market that is almost entirely undeveloped today.
Vertical integration plus domestic content plus energy-community siting plus tribal-member ownership. Each layer compounds. Every Crius Series 6 module off the Atlas line captures all four.
$655.5M raised across Seed and Series A. $310M allocated to the platform across the nation.
EcoProgetti semi-automated module assembly line delivery and facility buildout.
First Crius Series 5 modules off the line. 120+ FTE. Three-shift operation.
First TOPCon cells produced under Tainergy tech transfer. Vertical integration complete.
PV recycling operations begin. Closed-loop material flow active.