US conglomerate General Electric (GE) is looking to triple its solar and battery energy storage manufacturing capacity at its newly launched Renewable Hybrids factory in India by the end of 2022 to 9GW per annum.
With President Biden declaring a two-year freeze on new tariffs on solar imports from Southeast Asia, questions have been raised about the legality of the move as industry stakeholders assess the risk of it being challenged in court.
Solar developer ReneSola Power is looking to expand into further European markets after slowdowns in the US and China contributed to a revenue collapse in its opening quarter.
The US Department of Energy (DOE) has launched an initiative to ease the US’ massive interconnection queues, reduce wait times and lower grid connection costs as it strives to unlock the huge amount of bulk power currently sat dormant in the US.
The US solar market experienced its worst quarter for installations since the start of the pandemic in Q1 2022, weighed down by regulatory and supply chain issues.
US President Joe Biden’s decision to waive import tariffs on solar modules and other components for two years promises to thaw what had become a frozen market. PV Tech Insights will explore the next steps for US solar.
Timo Moeller, president of International NovaSource Power Services and head of NovaSource in Europe, stresses the need for the industry to entrust experts at every step of the project lifecycle, or risk deterring investment.
The decision of US President Joe Biden to waive tariffs on solar imports from Southeast Asia for two years and authorise the US Department of Energy (DOE) to use the Defense Production Act (DPA) to accelerate the production of clean energy technologies, including PV modules and module components, has been broadly welcomed by the US solar sector and industry analysts.