The industry’s leading trade group has called for supply chains to shift by the end of June, and pressure grows on the Biden administration to act on allegations of forced labor use.
The Solar Energy Manufacturing for America Act would establish a tax credit for domestic solar manufacturers in an effort to boost the U.S. solar supply chain, create American clean energy jobs, compete with Chinese manufacturers, and support energy independence.
Also on the rise: AES floats a utility-scale solar project in New York, Greenbacker adds to its solar portfolio, Sunnova prices its latest securitization, and China will end its solar subsidies.
The annual publication from PV Evolution Labs shares results from solar panel stress tests focused on specified and verified bills of materials.
Also on the rise: Stem provides smart energy storage services to a Bay State project, solar leads in global power generation investment, and Agilitas Energy expands its storage footprint.
Also on the rise: Tesla’s solar roof factory in Buffalo: more EV and less roof? DOE outlines policies to create a domestic battery supply chain, FPL hits a solar milestone, and Connecticut moves closer to setting an energy storage goal.
The 1.8 million-square-foot facility is projected to create 500 jobs and produce an enhanced thin film PV module for the utility-scale solar market in the U.S.
Solar module producer Longi announced its second price increase in less than a month, and industry sources expect wafer prices to continue rising in June.
Trina Solar broke ground on its Thai Nguyen plant in December, and completed construction in five months.
In reporting first quarter results, the company said it would use some of its $1.5 billion in cash to stockpile materials as a hedge against rapid price rises.
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