Australia’s Prime Minister has announced an Inflation Reduction Act-style investment package to stimulate a domestic clean energy manufacturing industry.
A €2.2 billion (US$2.3 billion) scheme to support investment into decarbonising industrial processes in Germany has been approved by the European Commission (EC).
Clean energy asset manager Luxcara has reached financial close on a 315.7MWp portfolio of three solar PV projects in Denmark alongside German bank Bayerische Landesbank.
Renewable energy financier Excelsior Energy Capital has signed a 2GW solar module supply agreement with Canadian-headquartered solar manufacturer Heliene.
The report identified access to capital and upfront investment as the key method by which the government could support the expansion of a PV manufacturing industry in Australia.
The White House must “act immediately to solve the urgent issues interfering with investment in domestic solar manufacturing”, according to a statement from the Solar Energy Manufacturers for America (SEMA) coalition.
