Spanish tracker manufacturer PV Hardware is aiming to reach more than 21GW of annual production capacity globally as it progresses with plans to open a new factory in the US next year.
Having successfully completed its transition from a solar equipment provider to a heterojunction cell and module manufacturer, Meyer Burger is looking to build on a major supply deal last month as it works to ramp up production capacity in the US.
Thin-film solar manufacturer First Solar will invest up to US$1.2 billion to expand its manufacturing operations in the US, including setting up a vertically integrated factory in the country’s Southeast with an annual capacity of 3.5GWdc.
PV project developer and EPC firm SPI Energy has signed a letter of intent to secure 1.5GW of solar wafer manufacturing equipment for a US production facility.
The US could exceed 50GW of solar manufacturing capacity by the end of this decade with the right application of incentives included in the country’s newly passed Inflation Reduction Act.
Thin-film module manufacturer First Solar will consider expanding its production footprint in the US if proposed legislation that includes manufacturing credits becomes law, the company’s CEO has said.
Manufacturing support for solar components and clean energy tax credits are included in a proposed US budget reconciliation bill from Senate Democrats that proponents have said features the biggest climate and renewables investment in the country’s history.
Analyst Wood Mackenzie has forecast that solar PV and wind installations in the US will be 100GW lower than expected between 2025 and 2030 with the removal of Inflation Reduction Act (IRA) incentives.
