Solar power purchase agreement prices in Q2 2023 in North America have dropped for the first time since Q1 2020 thanks to the increase in incorporating benefits of the Inflation Reduction Act and a stabilised solar supply chain.
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.