Inflation Reduction Act

The White House must “act immediately to solve the urgent issues interfering with investment in domestic solar manufacturing”, according to a statement from the Solar Energy Manufacturers for America (SEMA) coalition.

The US government has announced US$4 billion in tax credits under the Qualifying Advanced Energy Project Tax Credit (48C) scheme.

The Chinese government has requested the World Trade Organization (WTO) dispute consultations with the US over subsidies from the Inflation Reduction Act (IRA).

Australia has launched the Solar Sunshot programme, a US$650 million (A$1 billion) investment for the Australian module manufacturing sector.

The Solar Energy Manufacturers for America (SEMA) Coalition has called for a “strengthening [of] the domestic supply chain”.

Chinese companies supplied half of US PV modules in 2023, but Indian imports are growing as restrictions on Chinese products tighten.

First Solar CEO Mark Widmar has said that the US solar manufacturing industry “remains in a precarious position, despite the passage of the Inflation Reduction Act (IRA)”.

Thin-film solar manufacturing could add over US$10 billion in product value to the US economy by 2026, according to a study commissioned by US thin-film cadmium telluride (CdTe) solar manufacturer First Solar.

Meyer Burger has called an emergency general meeting to approve final funding for its Colorado and Arizona manufacturing plants.

Clean Energy Associates’ Christian Roselund explores the opportunities and risks that lie ahead for US solar, including the ramifications of November’s presidential election.