The tariff reaches as high as 250% of the cost of solar components shipped from four Southeast Asian countries responsible for 80% of the supply of solar in the US.
Also on the rise: Department of Defense maintains strong commitment to renewable energy. Longroad Energy begins construction of its largest solar-plus-storage project. And more.
Longi Solar said it will invest approximately $6.6 billion in 100 GW of wafer capacity and 50 GW of solar cell capacity in Shaanxi province, China.
The new series of microinverters can connect to up to four modules at once and contain two maximum power point trackers.
Scientists in China have developed a new way to split seawater into hydrogen without using a separate desalination process.
Growatt’s new APX HV cobalt-free lithium iron phosphate (LFP) battery has a storage capacity of 5 kWh and a nominal voltage of 650 V.
With experience in the midstream oil and gas segment, Kayne Anderson is launching an index fund for listed renewable energy infrastructure companies.
The preliminary finding that solar companies are circumventing U.S. tariffs is not expected to have a tangible effect on solar component supply, according to TrendForce.
Despite higher earnings in Q3, the company lowered its Q4 22 guidance to $44 million to $49 million, compared to the consensus of $73 million, reflecting recent acquisitions of European assets taken on its balance sheet.
The International Energy Agency (IEA) says unsubsidized heat pumps are already competitive with gas boilers in mature markets including the United States, Canada, Japan, Italy, and China. It says global sales will soar to record levels by 2030.
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