Common threads included manufacturing expansion into the United States, new product lines, and massive customer demand.
More than half the activity is taking place in Texas, according to Wood Mackenzie analysis.
Passage of the Inflation Reduction Act of 2022 has resulted in numerous battery manufacturers announcing plans to begin production in the United States, supporting the transition to clean energy as well as clean transportation.
Industry insights on how the new source of long-term economic support from the IRA might impact business risk, investment, and M&A trends within the domestic solar manufacturing industry.
The Austin-based company is releasing a microinverter for commercial solar and storage applications, a line of commercial EV chargers, and a solar-powered EV charging station.
Funding for Renewable Properties’ community solar portfolio provided by KeyState Renewable’s SOLCAP solar tax equity fund.
Also on the rise: California law would target 90% renewables and zero-carbon electricity by 2035. Residential solar to add 340,000 workers in five years, says U.S. installer survey. And more.
Canadian battery developer Zinc8 Energy Solutions announced its plans to begin battery production in the United States incentivized by manufacturing production credits within the Inflation Reduction Act.
Also on the rise: A look at solar incentives in the State of Virginia. Toyota to invest $2.5 billion to expand battery manufacturing in North Carolina. And more.
Sungrow told pv magazine at the recent Intersolar South America event in Sao Paulo that its cumulative delivered capacity in Latin America now stands at 9 GW, with 6 GW of the total delivered to Brazil alone.
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