CubicPV, a US solar manufacturer backed by Bill Gates’s Breakthrough Energy Ventures, is looking to leverage support included in the country’s Inflation Reduction Act (IRA) to set up what it claims will be the largest PV wafer manufacturing facility outside of China.
The largest climate package in US history promises to turbocharge the country’s solar sector, but considerable uncertainty remains around the impact the Inflation Reduction Act will have and how it will be enforced by authorities, writes Sean Rai-Roche.
As 2022 comes to an end, PV Tech is reviewing the year in solar, reflecting on some of the biggest stories and trends of the last 12 months. In today’s review, we look back on the industry’s third quarter, which saw the US sign the Inflation Reduction Act.
Europe needs to galvanise a competitive PV manufacturing ecosystem in the same vein as the US Inflation Reduction Act (IRA), according to the European Solar Manufacturing Council (ESMC).
The Internal Revenue Service (IRS) has issued a wage and apprentice guidance under the Inflation Reduction Act (IRA) that is set to start for US projects initiated in 30 January 2023.
US solar manufacturer First Solar will supply Intersect Power with an additional 4.9GWdc of its thin-film PV modules. The transaction means that Intersect Power has ordered 7.3GWdc of First Solar technology this year.
Array Technologies has posted strong financial results with Q3 revenue driven up by STI Norland’s acquisition and strong organic growth within its legacy business.
The US residential solar market saw its fifth consecutive record for both customer additions and quarterly installations in Q2 of this year as high energy prices and inflationary pressures caused demand to spike.
US microinverter manufacturer Enphase has plans to establish four to six new manufacturing lines in the US by mid-2023 as it seeks to take advantage of manufacturing production tax credits contained with the Inflation Reduction Act (IRA).
Renewables asset owner Brookfield Renewable is planning to take advantage of policy headwinds stemming from the US’s Inflation Reduction Act as it bolsters its presence in the commercial and community PV segment with the acquisition of Standard Solar.
