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.
In the span of two and a half years, commercial solar has doubled its installed capacity from 9.8GW at the end of 2019 to 19GW of solar PV until June 2022.
Solar PV generation in the US during the first nine months of the year jumped 26.1% year-on-year according to the country’s Energy Information Administration (EIA) latest report.
Texas-headquartered developer Leeward Renewable Energy has closed financing for 296MW worth of solar PV projects in Ohio and North Carolina, adding to its 24-strong portfolio of renewable energy installations across the US.
Thin-film manufacturer First Solar has confirmed that its fourth US factory will be opened in Lawrence County, Alabama. The factory has an expected manufacturing capacity of 3.5GWdc annually and will represent an investment of approximately US$1.1 billion.
Strata Clean Energy, a US solar and storage developer, has acquired Arizona-based Crossover Energy Partners to expand its offerings and execution capabilities.
Maxeon Solar Technologies has improved its results from the previous quarter, with Q3 2022 revenue up, driven by the European distributed generation (DG) business.
The US installed 1,877MW of utility-scale solar during Q3 2022, a 23% drop year-on-year, amidst ongoing policy issues, according to trade body the American Clean Power Association (ACP).
