An increase in shipping times and freight rates due to violence in the Red Sea could carry implications for renewable energy and solar products heading to Europe and the US.
Earlier this month California-based solar manufacturer Auxin Solar announced that it was suing the US Department of Commerce (DOC) and Customs & Border Patrol over unclaimed payments from the antidumping and countervailing duty (AD/CVD) tariffs.
The statement came on the same day that European solar manufacturing stalwart Meyer Burger announced plans to abandon its module assembly plant in Germany because of the lack of support afforded to manufacturers in Europe.
Dutch-German solar testing firm Sinovoltaics will expand its operations in the US market as a result of the solar and battery energy storage manufacturing “boom” stimulated by the Inflation Reduction Act (IRA).
Indian integrated energy company Tata Power Renewable Energy has signed two memoranda of understanding (MOU) with the state government of Tamil Nadu for renewable energy project development and solar manufacturing.
India installed 12.9GW of renewable energy capacity in 2023, over 10GW of which was solar PV capacity. This represents a 28% decline in PV additions and an 18% drop in overall renewables capacity additions year-on-year.
SolarPower Europe – the representative trade body for the European solar industry – has published its first Best Practice Guidelines document for the floating solar (FPV) market segment.
In October this year, PVcase released its rooftop solar design modelling software, which reduces lead time in the design process and encompasses the elements that need to be considered whilst planning a commercial & industrial (C&I) PV installation.