ExpansionJun 24, 2026, 05:07 PM
Graphene & Solar Technologies Subsidiary Awarded $45M Tax Credit
AI Summary
Graphene & Solar Technologies Limited announced that its wholly-owned U.S. manufacturing subsidiary, The Quartz & Silicon Materials Company Limited (QSM USA), has been awarded a $45 million California Competes Tax Credit. This five-year award from the California Office of Business and Economic Development is intended to support the company's planned silicon ingot and silicon wafer manufacturing projects.
Key Highlights
- Graphene & Solar Technologies' subsidiary, QSM USA, awarded $45,000,000 California Competes Tax Credit.
- The tax credit is a five-year award from the California Office of Business and Economic Development.
- The award supports planned silicon ingot and silicon wafer manufacturing projects in California.
Price Impact
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