Biden signs Inflation Reduction Act into law, energy lawyers give their verdict on its significance  

US President Joe Biden has signed the Inflation Reduction Act (IRA) into law, representing the largest climate package in US history and a major policy victory for the embattled president.

REC Silicon’s planned Moses Lake reopening underpinned by Inflation Reduction Act, CEO says

REC Silicon is progressing with efforts to restart operations at its Moses Lake polysilicon production facility in the US, a move the company said is underpinned by the passage of the country’s Inflation Reduction Act.

US developers despair at long interconnection queues as they call on FERC to enact stricter penalties

PV Tech Premium speaks with US developers who are railing against the country’s long interconnection queues, which they say are dampening deployment and pushing up the cost of solar PV

US House of Representatives passes US$369 billion Inflation Reduction Act, Biden expected to sign into law imminently

The US House of Representatives on Friday passed the Inflation Reduction Act (IRA). The largest climate package in US history will now move to the desk of President Joe Biden, where it is expected to be signed into law as early as today.

How can solar PV projects still make a profit against the backdrop of rising module, land and equipment costs?

How can solar PV projects boost their power output and raise profits amid rising module, land and equipment costs

RWE’s renewables unit returns to profitability, company invests US$2 billion in H1  

German energy company RWE’s onshore renewables business has undergone a dramatic change in fortunes on 2021, with 1H 2022 seeing the unit return to profitability following a poor H1 2021 performance, while during the first half of the year the company invested €2 billion (US$2.04 billion) in the expansion of its green portfolio.

News
August 18, 2022
US$1 billion financing has been secured for a ‘Round-The-Clock’ (RTC) renewable energy project in India, marking the biggest single-project clean energy deal in the country, developer ReNew Power has claimed.
News
August 17, 2022
Project developer Solar Attapeu Power Sole Company (SAPC) has broken ground on the first large-scale solar farm in Laos with a capacity of 50MW.
News
August 17, 2022
Lightsource bp has started construction on its 400MW Wellington North and 90MW Wunghnu solar farms in New South Wales and Victoria, respectively.
News
August 17, 2022
Solar Philippines Nueva Ecija Corporation (SPNEC) is planning to add a 3.5GW solar farm to its 500MW system already under construction on the Northern Filipino region of Luzon, which the company claims would make it the largest PV project in the world.
News
August 17, 2022
European solar developer Cero Generation has appointed Ameresco and Sunel Groups’s engineering, procurement and construction (EPC) subsidiary as the contractor for its 100MW solar PV project in Greece.
News
August 17, 2022
Nextracker is opening a solar tracker research and development (R&D) facility in Brazil through a partnership with non-profit organisation Flex Instituto de Tecnologia.
News
August 16, 2022
Chinese module manufacturer Risen Energy’s Hyper-ion module series has been tested and certified by German testing company TÜV SÜD.
News
August 16, 2022
US residential solar installer Sunnova plans to offer a US$425 million private placement of convertible senior notes due in 2028, to pay off debts and fund operating costs.
News
August 16, 2022
LevelTen Energy, a US firm that has developed a platform for renewable energy asset transactions, has launched new software that provides power purchase agreement (PPA) price data.
News
August 16, 2022
US solar product manufacturer Shoals Technologies Group saw record revenue and gross profit in the second quarter of 2022 due to strong demand for its combine-as-you-go system and a large number of new customers buying up components.
News
August 16, 2022
Australia’s Northern Territory has struck a deal with French energy major Total Eren to develop a 1GW green hydrogen project in the city of Darwin that will be powered by 2GW of solar PV.
News
August 16, 2022
Heterojunction cell and module producer Meyer Burger has secured European-made silicon wafers through a new supply agreement with Norwegian Crystals.
News
August 15, 2022
US solar developer Korsail Energy has secured a development capital commitment from renewables investment fund SolRiver Capital.

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