Americas

The US has introduced a flat 25% tariff on all imported steel and aluminium to close loopholes and boost US manufacturing capabilities.

Arevon Energy has secured US$509 million in financing for its Kelso 1 and 2 PV projects in Missouri, which have a combined capacity of 430MW.

Solar and storage projects accounted for 84% of electricity generating capacity added in 2024, with solar seeing 50GW of new capacity.

The companies aim to develop the C&I portfolio over the next two years. Development on the first sites, which will be owned and operated by Radial, has already begun.

Solar PV growth is expected to slow down in Brazil and Chile due to ongoing issues of curtailment and transmission infrastructure.

Suniva, Heliene and Corning have announced plans to build solar modules that will include 66% domestically-produced components.

An executive order in Hawaii is seeking to accelerate distributed solar and storage deployment in the face of federal-level policy uncertainty.

The US Environmental Protection Agency (EPA) has reportedly unfrozen funds under its US$7 billion Solar For All Programme.

The investment will allow the company to build a commercial-scale perovskite manufacturing plant in the US.

Asset underperformance cost the global solar sector a record US$10 billion in lost revenue in 2024, according to Raptor Maps.