Distributor Guided Path Solar offers First Solar modules made in Ohio facilities. The modules contain 100% domestic content and are expected to qualify for the Inflation Reduction Act’s domestic content bonus.
Restriction on cadmium telluride exports is expected to increase costs for U.S.-based thin-film solar manufacturer First Solar.
The buildout is happening across the domestic solar supply chain and, at full capacity, planned facilities will produce enough to meet the demand for solar in the U.S., according to the Solar Energy Industries Association.
Also on the rise: The rise of transferable tax credits in clean energy finance. Wood Mackenzie predicts global solar growth will stagnate in 2025. And more.
First Solar and Terrasmart expect U.S. developers will secure the 10% domestic content bonus credit with the companies’ racking and module integration.
The U.S. thin-film solar manufacturer posted revenues roughly 18% short of Wall Street consensus expectations.
With hailstorms in the United States and Australia severely damaging solar arrays – including “golf-ball sized” hail at the 350 MW Fighting Jays project in Texas in March 2024 – insurers are raising premiums and reducing or canceling hail coverage. Everoze Partner Simon Mason discusses the challenges the industry faces in minimizing its hail risk exposure.
Pinal County’s Eleven Mile Solar System has come online featuring one of the largest battery energy storage systems built in a single phase in the U.S. All battery enclosures for the project were delivered by Fluence.
Also on the rise: First Solar opens $1.1 billion solar factory in Alabama. Solar levelized cost of electricity 56% lower than lowest-cost fossil fuels. And more.
The thin-film specialist inaugurated a new, vertically integrated manufacturing facility that adds 3.5 GW of capacity.
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