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Upstream US-based solar manufacturer CubicPV might feasibly be the place at which tandem perovskite PV products are successfully made durable enough for commercial use; two recent announcements have come out of the company that speak to the potential of its tandem development route.

Global demand for solar PV could rise up to 40% in 2023 as favourable economics in the solar sector combine with broad policies like the Inflation Reduction Act (IRA) and REPowerEU schemes.

Matrix Renewables has acquired the 284MW Stillhouse solar project in the US state of Texas from solar farm developer OCI Solar Power.

Large-scale renewable energy developer Intersect Power has secured a revolving credit facility to the tune of US$800 million to support the deployment of its solar, energy storage and wind asset pipeline.

Canadian investor Altius Renewable Royalties has invested US$45 million into US renewable developer Hexagon Energy.

Ameren Missouri has announced plans to build or acquire four new solar projects in the US, with a total capacity of 550MW.

US community solar company Nautilus Solar Energy has bought a 270MW portfolio of projects from ESA, a US-based solar development platform.

Last week the US Department of Treasury and Internal Revenue Service (IRS) released guidance on tax credits included in the Inflation Reduction Act (IRA), which allow state and local governments, nonprofits and other entities to benefit from renewable energy tax breaks.

Canadian Solar will build its first production facility in the US, with the capacity to produce 5GW of solar modules a year.

Parliament Solar has selected Ideematec to supply a tracking system for its upcoming solar farm in the US state of Texas.