The US Department of Treasury and Internal Revenue Service (IRS) have released guidance pertaining to the domestic content bonus included in the Inflation Reduction Act (IRA); solar PV projects will need to meet requirements for both their PV and their steel components in order to benefit.
Italian solar manufacturer FuturaSun has signed a strategic agreement with the government of the city of Huai’an in China to build a 10GW solar cell manufacturing plant.
Chinese PV manufacturer Risen Energy saw significant profit and revenue growth in 2022 as the company looked to expand its module production capacity and develop new technologies.
The US Department of Energy (DOE) has announced US$52 million in financing for research and development (R&D) into domestic solar manufacturing and recycling, including a focus on new technologies.
A new record efficiency for lab-tested peroviskite/silicon tandem cells has been certified by the European Solar Test Installation (ESTI) and National Renewable Energy Laboratory.
Clean energy researcher Bridge To India has released its “Solar Map 2022” report, displaying the state of the Indian solar market as of December last year. The infographic report shows that state-by-state solar deployments continued to be inconsistent and that domestic module and cell supply accounted for far less capacity than imports, though overall installments still remain impressive.
Hanwha Advanced Materials Georgia (HAGA) – part of Hanwha Solutions – will increase its investment in the US state of Georgia to support the integrated supply chain plans of its PV manufacturing subsidiary QCells.