U.S. solar industry week in review


Solar manufacturers want anti-dumping tariffs enforced The American Alliance for Solar Manufacturing Trade Committee, which includes First Solar, Qcells, Meyer Burger, REC Silicon, and others said the current “manufacturing renaissance” in the United States is under threat from heavily subsidized Chinese cells and modules that are alleged to be in infraction with antidumping and countervailing duty (AD/CVD) law.

SunPower to close business units, cut about 26% of workforce SunPower’s struggles reflect a market-wide retraction in residential solar, which has been battered by worsened economics from high interest rates and unfavorable policy and ratemaking changes. We did have an inkling when revenues reported last December reflected a 28% year-over-year decline, while operating expenses increased, and net income resulted in a loss of $123.9 million.

President Biden announced the ambition to upgrade 100,000 miles of transmission lines over the next five years  The Grid Resilience and Innovation Partnership (GRIP) program intends to fund upgrades and modernization of the transmission and distribution system to increase reliability and resilience to prepare the grid for extreme weather as well as to ensure delivery of affordable, clean electricity to all communities across the nation.

IRS issues final guidance for clean energy tax credit transferability Under a tax credit transfer transaction, renewable energy developers and owners are essentially able to sell tax credits for cash, making financing easier for new clean energy projects. The transferability option is generally open to the entities that are not covered by the direct pay option.

NREL updates interactive chart of solar cell efficiency The highest research cell efficiency recorded in the chart is 47.6%, for a four-junction cell developed by Germany’s Fraunhofer Institute for Solar Energy Systems. Also included is the 33.9% world record efficiency achieved in November by Longi for a perovskite-silicon tandem solar cell and the 27.09% efficiency achieved by the same company for a heterojunction back contact solar cell.

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