Changes to tax credits under the Inflation Reduction Act (IRA) could “jeopardise” nearly 300 US solar and energy storage manufacturing facilities, according to trade body the Solar Energy Industries Association (SEIA).
Australia’s Victoria government has proposed seven REZ for the state, emphasising these will help achieve its target of 2.7GW of utility-scale solar PV generation by 2040.
A court in Italy has partially cancelled the suitable areas decree (aree idonee in Italian) for ground-mounted renewables, while questioning the legality of the agricultural decree law.
The US House Ways and Means Committee has proposed to bring forward the end date for residential energy tax credits (Section 25D) to the end of 2025, among other changes that could affect the solar industry.
The CEO of America’s main solar trade body, the Solar Energy Industries Association (SEIA), has predicted a difficult few years ahead for the US solar industry as it navigates tariff and policy disruption.
The global solar market will continue to slow in 2025 after 2024 saw the total capacity growth rate decrease by over 50%, according to a report from SolarPower Europe (SPE).