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).
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 accelerated ramp out of Maxeon 6 module capacity has resulted in higher than initially planned restructuring costs during the fourth quarter of 2023.