The US Department of Energy (DOE) has released US$45 million in funding to support domestic solar manufacturing and dual-use PV projects, US$18 million of which is issued under the Bipartisan Infrastructure Law.
Canadian-headquartered power producer Capital Power has signed a supply agreement with US thin film solar module manufacturer First Solar in the first cooperation between the two companies.
Microinverter supplier Enphase Energy has inaugurated a new manufacturing facility in Columbia, South Carolina in partnership with international manufacturing company Flex. It is the first of up to six planned US facilities, Enphase has said.
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.
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.