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.
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.
First Solar has announced that it will produce a limited production run of bifacial thin film PV modules, which it says are the first of their kind. The company ultimately plans to roll the product out commercially, following field and laboratory testing.
PV manufacturer Meyer Burger and German developer Baywa r.e have signed a 1.25GW module supply deal in the US which will see Baywa r.e receive Meyer Burger panels from 2025 through 2029.