The CEOs of companies such as First Solar, BayWa r.e. and Meyer Burger have written to the European Commission (EC) to call for urgent action to support the redevelopment of European PV manufacturing.
US utility Duke Energy plans to invest US$40 billion in zero-carbon power generation as part of its US$145 billion capital investment plan for the next ten years.
Solar Energy Industries Association (SEIA) has slammed a proposed rule change that would see solar PV projects in the US categorised as high risk structures, pushing up development costs and dampening the positive impact of the Inflation Reduction Act (IRA).
The US Department of the Treasury and the Internal Revenue Service (IRS) have requested stakeholder input on the climate and clean energy tax incentives included in the country’s Inflation Reduction Act (IRA).
Around 35GW of PV manufacturing in Europe is at risk of being mothballed as elevated power prices damage the continent’s efforts to build a solar supply chain, research from Rystad Energy suggests.
A patchwork implementation of the EU’s power revenue cap could stall renewables development and dent investment, according to LevelTen Energy, a power purchase agreement marketplace operator.
The rise in solar and wind generation met over three-quarters of the global electricity demand growth in the first half of 2022, according to a report from think tank Ember.
