If Australia does not want to lose its international competitiveness as a renewables producer, the government will have to invest AU$100 billion (US$64 billion) in the next ten years, according to the sector's trade body the Clean Energy Council.
North America will spend a cumulative US$12 trillion on renewable energy generation and its transmission by 2050, according to Norwegian-headquartered consultancy firm DNV.
Tristan Erion-Lorico, VP of Sales and Marketing at PV Evolution Labs (PVEL), on the Inflation Reduction Act and its implications for the selection of materials going into producing solar modules.