US Treasury to raid fossil fuel subsidies to pay for ITC extensions, other clean programmes

The US Department of the Treasury has revealed how new renewable tax incentives will be paid for by a tax raid on the fossil fuel industry, eliminating subsidies for oil and gas companies.

Violet Power insists US solar manufacturing plans unaffected by strategic alliance collapse

US-based high-efficiency n-type monocrystalline Interdigitated Back Contact (IBC) PV manufacturing start-up Violet Power has insisted its plans to develop manufacturing capacity in the US remain on track despite the collapse of its strategic alliance with REC Silicon.

India approves PLI solar manufacturing scheme

The Indian government has approved production-lined incentives for the country’s solar module manufacturing sector to help the country add an extra 10GW of solar power generation capacity over the next five years.

SunPower changes mind in allowing Maxeon Solar to sell direct to US market

SunPower is to allow Maxeon Solar to the Performance Series (P Series) p-type mono-Passivated Emitter Rear Cell (PERC) shingled PV modules into the US market as part of a major change to initial manufacturing agreements.

LONGi takes aim at green hydrogen market with new business unit

LONGi Green Energy has confirmed the creation of a new business unit centred around the world’s nascent green hydrogen market.

Dutch utility Eneco to double solar and wind capacity to 2.5GW in five years

Dutch energy firm Eneco is aiming to ramp up its solar energy portfolio in both the Netherlands and Belgium as part of an updated strategy aimed at accelerating the energy transition.

News
April 9, 2021
The US’ fleet of solar and wind generation capacity is set to almost triple over the next decade, but even this is not enough to meet President Biden’s ambitious decarbonisation targets, according to a recent BloombergNEF report.
News
April 9, 2021
LONGi Solar will supply its high-efficiency modules to two projects in Malaysia totalling 190MW that were awarded in the third round of country’s large-scale solar tender programme.
News
April 9, 2021
Spanish independent power producer Opdenergy is preparing to launch an initial public offering to help fund the development of 3.7GW of renewables projects across Europe and the Americas.
News
April 9, 2021
A draft proposal put forward by China’s National Development and Reform Commission could see subsidies for new solar projects phased out, starting this year.
News
April 9, 2021
Solar and storage provider Sunworks has acquired installer Solcius in a deal worth US$51.8 million.
News
April 8, 2021
Green hydrogen may become cheaper than natural gas by 2050, falling by 85% over the next 30 years, but declining costs in the solar sector will be crucial for the nascent technology's growth.
News
April 8, 2021
The US Department of the Treasury has revealed how new renewable tax incentives will be paid for by a tax raid on the fossil fuel industry, eliminating subsidies for oil and gas companies.
News
April 8, 2021
The Indian government has approved production-lined incentives for the country’s solar module manufacturing sector to help the country add an extra 10GW of solar power generation capacity over the next five years.
PV Tech Premium
Features, Interviews
April 8, 2021
After a challenging year, India’s solar sector stands primed for something of a rebound. But a host of familiar issues, from the perilous state of DISCOMs to regulatory uncertainty, run the risk of stymying future growth. Vinay Rustagi, managing director at consultancy Bridge to India, talks to PV Tech about the future prospects for Indian solar.
News
April 8, 2021
Utility group Black Hills Energy has signed a 15-year power purchase agreement (PPA) with solar energy company 174 Power Global for its first large-scale solar power project in Colorado, US.
News
April 8, 2021
Asset managing giant BlackRock has raised US$4.8 billion from institutional investors to fund renewable power generation projects in Europe, Asia and the Americas.
News
April 8, 2021
Tata Power Solar has expanded its PV manufacturing facility in Bengaluru, India, taking the total production capacity of modules and cells to 1.1GW.
News
April 8, 2021
US-based high-efficiency n-type monocrystalline Interdigitated Back Contact (IBC) PV manufacturing start-up Violet Power has insisted its plans to develop manufacturing capacity in the US remain on track despite the collapse of its strategic alliance with REC Silicon.

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