manufacturing

US-based solar manufacturer Thornova Solar has started producing solar modules for the US market at a manufacturing plant in Indonesia.

Freyr Battery has agreed to acquire a 5GW module manufacturing facility in the US state of Texas from Trina Solar.

Solar PV infrastructure company Desert Technologies intends to build a solar cell and module assembly plant in Saudi Arabia.

The latest ‘PV ModuleTech Bankability Ratings Quarterly’ report reveals a Chinese sector on the verge of widespread company insolvencies.

The whole of the Fortune 500 is looking into clean energy tax credit transferability deals, according to tax credit investment banking firm Foss & Company.

Sonangol and Qinghai Lihao Clean Energy plan to build a polysilicon plant, which will produce PV modules made of quartz ore, in Angola.

The US Treasury has finalised its rules for the 45X Advanced Manufacturing Production Tax Credit under the Inflation Reduction Act.

In the US, advanced manufacturing technologies account for the majority of tax credit transfer deals in Q3 2024, according to Crux.

2023 was a 'record year' for solar installations, dominated by China which is 'well above the sum of all other markets globally', the IEA said.

Indian solar manufacturer Gautam Solar has announced plans to expand its module manufacturing capacity to 5GW by April 2025.