European solar PV manufacturers struggling with soaring electricity prices have flagged concerns that the continent is falling behind the US and India in terms of policy support for the sector.
LONGi Solar is experiencing soaring demand for its products as the IRA turbocharges the US’ PV sector and is actively working to comply with the country's import restrictions to ensure customer deliveries.
AES Corporation has gotten a “head start” in the race to deploy renewables in the US following the passing of the Inflation Reduction Act (IRA), said its chief development officer for clean energy.
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).
RWE will build a more diversified renewables portfolio following its acquisition of Con Edison Clean Energy Businesses, a deal the German utility said will make it the second-largest solar operator in the US.