The IRS’ guidance on the domestic content tax bonus for solar projects under the IRA “makes it difficult for developers to attempt to access the 10% bonus ITC”, according to Martin Pochtaruk, president of North American solar PV manufacturer Heliene.
Swedish solar company Alight has opened an office in Madrid, hoping to tap into the city's mature talent pool to support its growth and development in Europe.
US cadmium telluride (CdTe) thin-film module manufacturer First Solar has signed a framework agreement with solar developer Energix Renewables to supply 5GW of modules.
Solar developer Heelstone Renewable Energy has closed a tax equity investment for four solar projects in Georgia, the US, with a cumulative capacity of 320MWdc.
The European Commission (EC) has granted €3.6 billion (US$4.04 billion) to 41 large-scale clean tech projects via the EU Innovation Fund, including three projects on PV modules under the clean tech manufacturing category.
German renewables developer MaxSolar has secured a €410 million (US$460 million) financing facility to support 2GW of solar PV and co-located storage projects in the next five years.
The CEO Alliance, which includes utilities Iberdrola and Enel, has released a policy paper which recommends the European Union to accelerate and simplify permitting procedures for renewables.
