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IRA’s first anniversary: Timeline, impacts and industry views

August 16, 2023

Opinions on the anniversary of the IRA from different parts of the US solar industry, as well as a timeline of the IRA's history.

SEIA: solar and storage has added US$100 billion to US economy following Inflation Reduction Act

August 15, 2023

The SEIA has published research concluding that solar and storage companies have added over US$100 billion to the US economy.

NorSun bags US$8.5 million to build 5GW US wafer plant

August 15, 2023

Norwegian solar wafer manufacturer NorSun has closed NOK90 million (US$8.5 million) in equity financing to support its expansion in Europe and the US.

Perovskite startup Caelux bags US$12 million for tandem solar glass facility

August 14, 2023

California-based perovskite solar startup Caelux has closed US$12 million in Series A3 financing to support its factory expansion in Baldwin Park, California, research and development (R&D) and eventual product launch.

Xcel Energy launches request for proposals to replace coal plant with solar and storage

August 11, 2023

Xcel Energy is accepting bids for solar and battery storage projects to replace its Allen S. King coal-fired power plant in Minnesota.

First Solar to open 5th US manufacturing facility in Louisiana

August 10, 2023

Thin-film solar PV manufacturer First Solar has confirmed the Louisiana location of its fifth US manufacturing facility, a 3.5GW, US$1.1 billion dollar Cadmium Telluride (CadTel) module production factory.

Canadian Solar and EDF Renewables in 7GW TOPCon module supply deal

August 10, 2023

Solar manufacturer Canadian Solar has signed a 7GW module supply agreement with EDF Renewables North America.

Swift Current Energy raises US$779 million for Double Black Diamond solar project in Illinois

August 10, 2023

Swift Current Energy has closed financing for its 800MWdc/593MWac Double Black Diamond solar project, having raised US$779 million.

Array Technologies reports revenue of US$507.7 million in Q2 2023

August 9, 2023

Array Technologies has published its financial results for the second quarter of this year, which include a revenue of US$507.7 million.

Nucor signs PPA to acquire 250MW of power from NextEra Energy solar project

August 8, 2023

Nucor has signed a power purchase agreement with NextEra Energy to acquire 250MW from the latter’s upcoming Sebree Solar project in Kentucky.

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