Treasury, IRS release interim guidance on ‘prohibited foreign entity’ restrictions for solar tax credits
The guidance covers requirements in the One, Big, Beautiful Bill Act to establish methods to determine whether a clean energy facility or manufactured component was produced using material assistance from a prohibited foreign entity.
DOJ drops defense of tariff moratorium, leaving industry exposed to $70 billion in retroactive duties
The Department of Justice has withdrawn from the legal defense of a two-year tariff pause on solar modules, leaving private developers and trade groups to face the threat of billions in retroactive duties alone.
TotalEnergies signs 1 GW of solar PPAs for Google’s Texas data centers
The two 15-year power purchase agreements cover a 805 MW and a 195 MW solar project, set for construction this year, that will power data centers in Texas belonging to Google.
U.S.-India trade deal reduces solar tariffs
Tariff reductions under the new U.S.-India trade agreement lower import costs for solar modules and energy storage components. Reciprocal tariffs were effectively reduced from 50% to 18%.
WTO rules U.S. clean energy tax credits violate trade rules
The WTO ruled that U.S. clean energy tax credits under the Inflation Reduction Act violate international trade rules by giving domestic products preferential treatment over Chinese goods. The decision specifically targets the ITC and PTC Domestic Content Bonus Credits.
SolarEdge begins shipping U.S.-manufactured inverters to Europe
The company is exporting residential single-phase inverters from its Texas facility to Italy, France, and the Netherlands. The shipments feature a “single SKU” design intended to simplify inventory for distributors and installers.
Analysts warn of possible, sudden silver price fall
pv magazine has spoken with silver analysts from Bloomberg and StoneX about the vertiginous growth of silver prices in recent weeks. They both agree that when prices rise too fast, investors’ behavior may change quickly. Meanwhile, the price of the precious metal has reached another all-time high today at $110 per ounce.
Easing the transformer procurement bottleneck
Anza’s Transformer Procurement Service aims to help solar developers meet new deadline requirements imposed by federal policy.
RFQ alert: City of Austin seeks quotations for 111 solar installations
Austin, Texas seeks offers of design, engineering, installation, operations and maintenance and decommissioning of solar projects on municipal facilities.
Wood Mackenzie predicts 2-year decline in global solar inverter demand
Wood Mackenzie’s latest analysis expects market uncertainty in China, Europe and the U.S. to cause two consecutive years of contraction in the global solar inverter market, forecasting a fall to 577 GWac this year and 523 GWac in 2026.
