US renewables developer rPlus energies has signed a long-term power purchase agreement (PPA) with Idaho Power – a state utility – for its planned 200MW Pleasant Valley Solar project in Ada County, Idaho. The power will support operations at a data centre owned by Silicon Valley giant Meta.
PV tracker supplier Nextracker has commissioned a new factory to produce steel components for its tracker systems. The facility was opened in partnership with MSS Steel Tubes USA, a joint venture subsidiary between Metalogalva and Soufe, two international industrial manufacturers.
AES Corporation has signed a Recycling Services Agreement with US solar recycling company Solarcycle, which will see modules from AES’ projects sent to Solarcycle’s Texas facility to be recycled and repurposed.
Spanish renewables platform Matrix Renewables has completed construction and financing of two 143MW/80MWh solar-plus-storage projects in California, with five power purchase agreements (PPA) in place with utilities and cities across the state.
President Joe Biden has vetoed the proposal by the Senate and the House of Representatives to revoke his two-year waiver on Southeast Asian solar PV imports.
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.
The majority of the US solar industry has said that supply chain issues worsened in 2022, whilst a similar proportion also said that they expect to expand their businesses in 2023 directly because of the Inflation Reduction Act (IRA).
Solar tracker and software provider Nextracker more than doubled its adjusted EBITDA in the financial year (FY) ending March 2023 compared with the previous year, up to US$209 million from US$92 million.
