Silicon materials producer REC Silicon has concluded a 10-year agreement with South Korean conglomerate Hanwha Solutions to offer fluidised bed reactor (FBR) polysilicon.
Solar investors believe that Europe can be a competitive market for PV manufacturing and compete with the US Inflation Reduction Act (IRA), as ESG and energy security concerns will drive money to the continent.
The largest solar investment in US history, a pivot to a vertically integrated PV manufacturing facility in the state of Georgia by Qcells, was enabled by a combination of state support, federal government investment and related benefits coming from the Inflation Reduction (IRA), according to the company.
CubicPV, a US solar manufacturer backed by Bill Gates’s Breakthrough Energy Ventures, is looking to leverage support included in the country’s Inflation Reduction Act (IRA) to set up what it claims will be the largest PV wafer manufacturing facility outside of China.
CSI Solar has announced plans to expand its solar and battery storage manufacturing capacity in China, through an investment agreement with the municipal government of Yangzhou City in Jiangsu Province.
Investment in the global energy transition totaled US$1.1 trillion in 2022 according to analyst firm BloombergNEF, reaching parity with investment in fossil fuels for the first time ever.
Lawmakers from both sides of the US House of Representatives have issued a resolution to repeal President Joe Biden’s waiver on solar import tariffs from Southeast Asia.
Solar PV manufacturer Qcells has signed a deal with Microsoft to supply at least 2.5GW of its modules to projects from which the tech giant will purchase renewable energy.
