The US Department of Treasury and Internal Revenue Service (IRS) have released guidance pertaining to the domestic content bonus included in the Inflation Reduction Act (IRA); solar PV projects will need to meet requirements for both their PV and their steel components in order to benefit.
Solar tracker and software provider Nextracker more than doubled its adjusted EBITDA in the financial year (FY) ending March 2023 compared with the previous year, up to US$209 million from US$92 million.
As photovoltaic technology goes mainstream, driving a market evolution in how solar is installed and financed, how is one of its stalwarts and pioneers – Qcells – adapting to this consumer-focused future?
President Joe Biden would veto the repeal of his two-year waiver of US solar import tariffs if it passed through the House of Representatives, the White House has said.
The European Solar Manufacturing Council (ESMC) has called on the European Union member states to allocate financial support from REPowerEU grants to support solar PV manufacturing.
Indian solar manufacturer Rayzon Solar has announced plans to set up a 500MW solar module factory in the US and expand its existing Indian production capacity by a further 1GW.
