US thin-film manufacturer First Solar recorded a US$43.3 million loss in its Q1 2022 mostly caused by a drop in sales, with the company expecting a “challenging 2022 from an earning standpoint” given ongoing supply chain constraints.
Solar Energy Industries Association (SEIA) has slashed its US solar installation forecasts by 24GW over the next two years following the US government’s decision to investigate the circumvention of duties in Southeast Asia, claiming 100,000 solar jobs will be lost as a result.
The US Department of Energy (DOE) has announced the 20 finalist moving forward in its American-Made Solar Prize Round 5, which will see 10 hardware-focused and 10 software-focused teams move through to the next round and receive cash prizes.
Florida’s Republican Governor Ron DeSantis has vetoed controversial legislation to change the state’s net metering laws that would have significantly stripped down the benefits of having residential solar and allowed utilities to add additional charges to customers’ energy bills.
US residential solar installer Sunnova continues to reduce its net loss in the first quarter of 2022, despite increasing its revenue due to a higher demand of additional energy services.
The US Department of Energy (DOE) Loans Program Office (LPO) has committed to a conditional US$504 million investment into the development of a major green hydrogen hub in Utah.
Dozens of major corporate entities in the US have joined renewable energy organisations in demanding greater action on the Biden administrations’ budget reconciliation package for clean energy and manufacturing as Congress returns from recess.
