Europe needs to galvanise a competitive PV manufacturing ecosystem in the same vein as the US Inflation Reduction Act (IRA), according to the European Solar Manufacturing Council (ESMC).
PV and solar-plus-storage costs have risen year-on-year (YoY) in the US, according to the annual price benchmarking analysis by the National Renewable Energy Laboratory (NREL).
Canadian renewable energy company Brookfield Asset Management has established a mutual agreement with Amazon Web Services (AWS) that will see 600MW of solar and wind capacity provided to fuel Amazon’s operations. Brookfield will also employ AWS’ technology and digital capabilities to optimise its infrastructure.
AMEA Power, the Middle Eastern renewable energy company, has closed financing on 1GW of renewable energy projects to be deployed in Egypt, constituting a 500MW solar PV plant and a 500MW wind farm.
The Internal Revenue Service (IRS) has issued a wage and apprentice guidance under the Inflation Reduction Act (IRA) that is set to start for US projects initiated in 30 January 2023.
South-Korean renewable energy developer SK D&D has signed a shareholders agreement with Glennmont Partners to establish a joint venture (JV) investing in solar PV projects in South Korea. The news follows the MOU signed in June this year.
Imports of solar modules in India decreased by 64% in Q3 2022 compared with the prior quarter whilst cell imports increased by the same amount, according to consultancy JMK Research.
EDPR Sunseap has signed a memorandum of understanding with material innovator Archwey to explore the use of recycled plastics in floating solar projects.
Chinese PV manufacturer Talesun has linked itself with global industrial services company MEM Group to develop a PV module production line in Turkey. The partnership will target 1GW of annual production by Q2 2023.
