European solar PV manufacturers struggling with soaring electricity prices have flagged concerns that the continent is falling behind the US and India in terms of policy support for the sector.
LONGi Solar is experiencing soaring demand for its products as the IRA turbocharges the US’ PV sector and is actively working to comply with the country's import restrictions to ensure customer deliveries.
AES Corporation has gotten a “head start” in the race to deploy renewables in the US following the passing of the Inflation Reduction Act (IRA), said its chief development officer for clean energy.
The CEOs of companies such as First Solar, BayWa r.e. and Meyer Burger have written to the European Commission (EC) to call for urgent action to support the redevelopment of European PV manufacturing.
Leading polysilicon manufacturer Tongwei Solar is expecting its revenue for the first nine months of 2022 to soar as a result of strong demand for silicon products and its expanded production capacity.
Solar Energy Industries Association (SEIA) has slammed a proposed rule change that would see solar PV projects in the US categorised as high risk structures, pushing up development costs and dampening the positive impact of the Inflation Reduction Act (IRA).
Solar project developer Eco Energy World (EEW) plans to list on Nasdaq via a business combination agreement with special purpose acquisition company ClimateRock.