The US solar sector is set to post record deployment figures this year, but ongoing supply chain constraints, logistical challenges and price increases are expected to dent additions in 2022, a new report has said.
California regulators have proposed a raft of changes to a state solar incentive programme, including reducing the credit homeowners with PV systems would receive for selling excess electricity back to the grid.
The US Senate Finance Committee has included manufacturing incentives for domestic producers of solar trackers and inverters in its draft version of the country’s Build Back Better (BBB) budget reconciliation bill.
A consortium led by Singaporean conglomerate Keppel Corporation is acquiring a 51% stake in Asian commercial and industrial (C&I) solar specialist Cleantech Solar for up to US$150 million.
Swiss fund manager SUSI Partners has acquired a 50% interest in Starling Energy Group, an Australian installer of integrated solar PV and energy storage systems for the residential sector.
The US International Trade Commission (ITC) has recommended that President Joe Biden extend tariffs on imported crystalline silicon PV cells and modules for another four years.
As Senate Democrats continue negotiations over President Joe Biden’s US$1.75 trillion Build Back Better plan, Jules Scully looks at how the package could drive solar deployment and bolster domestic PV manufacturing.
Solar modules sold in the European Union (EU) could be subject to lower value added tax (VAT) rates after an agreement was reached this week by finance ministers from across the bloc.
Solar developer ReneSola Power reported Q3 revenue below its guidance due to delayed PV project sales but said its pipeline is growing faster than previously expected.
