Solar power purchase agreement prices in Q2 2023 in North America have dropped for the first time since Q1 2020 thanks to the increase in incorporating benefits of the Inflation Reduction Act and a stabilised solar supply chain.
Gyanesh Chaudhary, Vikram Solar’s chairman, tells PV Tech Premium about the company’s first vertical integration and manufacturing facility abroad and how it was driven by the IRA and recent cell capacity wins in India.
The Environmental Protection Agency (EPA) of the US has launched a US$7 billion competitive grant competition to offer low-income households access to solar energy.
The US Department of Treasury, Department of Energy and the Internal Revenue Service (IRS) have announced guidance on the Inflation Reduction Act (IRA), strengthening energy security and incentivising manufacturing and clean energy investments in coal communities.
US House of Representatives is set to vote on the proposal to raise the ceiling debt on Wednesday, a step that prevents the US from reaching its debt limit and avert a default.
The US Department of Energy has announced that improvements will be made to two campuses of National Renewable Energy Laboratory (NREL) with funding provided by the Inflation Reduction Act (IRA).
Microinverter supplier Enphase Energy is expected to ship 100MWh of batteries in the current quarter with the gross margin reaching more than 40%, while its net income in the first quarter of 2023 increased by 183.4% year-on-year.
After the passing of the Inflation Reduction Act (IRA) into law, solar PV and storage are expected to create up to 115,000 manufacturing workers in the US by 2030.
