Thin-film solar manufacturer First Solar will invest up to US$1.2 billion to expand its manufacturing operations in the US, including setting up a vertically integrated factory in the country’s Southeast with an annual capacity of 3.5GWdc.
SolarEdge Technologies’ solar power optimisers and inverters could face an import ban into the US after the country’s International Trade Commission (ITC) said it would begin an investigation following a complaint filed by optimiser provider Ampt.
US tracker manufacturers are planning to ramp up production capacity as they take advantage of support included in the country’s newly passed Inflation Reduction Act (IRA).
Solar module prices for international markets are expected to fall in tandem with forecasted polysilicon price reductions as of 2023, according to research from Clean Energy Associates (CEA).
Toronto-based renewables developer Amp Energy has closed on a US$155 million tax equity and debt financing round for its solar-plus-storage portfolio in the US.
The US solar market was widely expected to thrive this year, but various policy headwinds have destabilised the module procurement market and created uncertainty to such an extent installations stalled. Liam Stoker reflects on events of the last 12 months.
The Inflation Reduction Act (IRA) is expected to add an extra US$110 billion in investment for utility-scale solar in the US by 2030, increasing the country's utility-scale deployment by more than 70GW.
US renewables developer Arevia Power will accelerate its work on new solar and wind projects in the country after securing an investment from KKR and asset management firm GCM Grosvenor.
REC Silicon and Mississippi Silicon have entered into a memorandum of understanding (MOU) that commits the companies to negotiate a raw material supply agreement and help establish a low-carbon and traceable US solar supply chain.
The US could exceed 50GW of solar manufacturing capacity by the end of this decade with the right application of incentives included in the country’s newly passed Inflation Reduction Act.
