The US could exceed 50GW of solar manufacturing capacity by the end of this decade with the right application of incentives included in the country’s newly passed Inflation Reduction Act.
Canadian Solar has raised its 2022 revenue guidance as it progresses with efforts to ramp up its PV manufacturing capacity following a hike in module shipments in the second quarter.
The average price of silicon materials in China continued to rise this week after power rationing was implemented in key Chinese provinces following extreme heat in much of the country
REC Silicon is progressing with efforts to restart operations at its Moses Lake polysilicon production facility in the US, a move the company said is underpinned by the passage of the country’s Inflation Reduction Act.
The US House of Representatives on Friday passed the Inflation Reduction Act (IRA). The largest climate package in US history will now move to the desk of President Joe Biden, where it is expected to be signed into law as early as today.
The US government Department of Energy is looking for public input into how US$675 million of funding for R&D into Critical Materials should be best directed.
Canadian Solar plans to build an integrated PV manufacturing plant in Western China, with a capacity of 200,000MT of high-purity polysilicon, 10GW of both cells and modules and multi-GW productions of raw and auxiliary materials.
The Inflation Reduction Act (IRA), which includes US$369 billion in energy security and climate change programmes over the next ten years, passed in the US Senate on Sunday, paving the way for its movement to the House of Representatives and subsequent signing by President Joe Biden.
