The European Commission (EC) has approved a €1 billion (US$1.1 billion) Portuguese state aid scheme to support investments in the production of renewable energy equipment.
Japanese PV inverter manufacturer Toshiba Mitsubishi-Electric Industrial Systems Corporation (TMEIC) has expanded its footprint in the US with the construction of a 9GW inverter facility.
The Spanish Ministry of Ecological Transition (MITECO) has published the regulatory basis for the €750 million (US$812 million) incentive scheme for renewables and storage manufacturing.
US solar tracker manufacturer Nextracker has unveiled a new manufacturing line in collaboration with industrial manufacturing services company Unimacts.
China’s surge is not just a ripple but a tidal wave, with over US$450 billion in surplus factory investment threatening to flood the market over the next three years.
