Solar module manufacturing capacity could exceed 1.5 TW by 2035, says IEA
The International Energy Agency’s (IEA) latest report, which maps out the future evolution of clean energy manufacturing, says the combined global market for PV, wind turbines, electric cars, batteries, electrolyzers, and heat pumps will rise from $700 billion in 2023 to more than $2 trillion by 2035.
First Solar misses on Q3 revenue, lowers 2025 guidance
The U.S. thin-film solar manufacturer posted revenues roughly 18% short of Wall Street consensus expectations.
U.S. CHIPS Act makes solar manufacturing eligible for significant tax credits
Upstream solar manufacturing will be supported by the Investment Tax Credit, based on final rules released by the Department of the Treasury.
Sunrise brief: Longi Green Energy sets world record for solar panel efficiency
Also in the news: PV Hardware unveils solar tracker, LG Energy Solutions plans U.S. battery manufacturing, and more.
Sunrise brief: Solar panels: Larger, thinner… and weaker?
Also on the rise: TOPCon risks. Positive early results from first test of perovskite tandem solar cells in space.
U.S. solar factories: From announcements to reality
Now that incentives from the US Inflation Reduction Act (IRA) are well understood, global manufacturers are announcing factories in the United States to constitute much of the solar supply chain. While some plans have been scrapped already, and more cancellations are expected, the broader trend is unprecedented growth.
Tax credits announced for solar ingot and wafer manufacturing
New incentives support solar manufacturers and encourage the domestic buildout of the earlier stages of the solar supply chain.
Sunrise brief: General Motors launches residential storage system
Also on the rise: Powering restaurants with rooftop PV, reversible fuel cells. JinkoSolar, Trina say TOPCon modules outperform p-type back-contact panels. And more.
Fortescue launches battery pack manufacturing plant in Detroit
Australian mining and green energy major Fortescue plans to launch its manufacturing efforts in the United States by producing a high-voltage battery pack with up to 34 kWh capacity built around the company’s scalable battery module technology.
Runergy Alabama partners with Solarcycle to supply glass and recycle modules
Solarcycle will supply at least 4 GW of glass partially made from recycled solar modules.
