The IRS’ guidance on the domestic content tax bonus for solar projects under the IRA “makes it difficult for developers to attempt to access the 10% bonus ITC”, according to Martin Pochtaruk, president of North American solar PV manufacturer Heliene.
Swedish solar company Alight has opened an office in Madrid, hoping to tap into the city's mature talent pool to support its growth and development in Europe.
Europe has the potential to deploy 51TW of agriculture-paired solar PV, or agrivoltaics, according to research published in the Progress in Photovoltaics journal earlier this year.
Dutch company and owner of IKEA Ingka Group’s investment arm Ingka Investments has acquired a 49% share of a 460MWp solar PV portfolio from energy company Avapa Energy.
German renewables developer MaxSolar has secured a €410 million (US$460 million) financing facility to support 2GW of solar PV and co-located storage projects in the next five years.
Despite projections that solar PV and wind generation capacity will more than double by 2035, the Texas transmission grid will need to be upgraded to avoid increased asset curtailment across the state.
