Since passage of the Inflation Reduction Act of 2022 in August, utility-scale clean power sector announced $150 billion in funding, 46 new manufacturing facilities, and nearly 20,000 new jobs, said the American Clean Power Association.
Recurrent Energy was previously the company’s North American developer, whereas it will now encompass its Global Energy segment.
SEG Solar says it will invest $60 million in a new U.S. factory. It currently produces panels at factories in Vietnam and Indonesia.
Also on the rise: Distributed generation finance platform raises $25 million. Honda reusing vehicle fuel cells to build 500 kW stationary fuel cell system. And more.
From polysilicon to panels through recycling, how much domestic capacity does the U.S. have?
The developer ordered 4 GW of U.S.-made thin-film solar panels, adding to the 4.3 GW ordered in 2021.
California-based SEG Solar says its new panels have a temperature coefficient of -0.30% per degree Celsius. They come with a 30-year power output guarantee for 87.4% of the initial yield.
A $1 to $1.5 billion U.S. market opportunity awaits PV equipment manufacturers through 2030, said a McKinsey consultant, at a Washington D.C. event that brought together potential equipment buyers and sellers.
The advanced manufacturing production (AMPC) credit and domestic content requirement (DCR) are key to spurring a more rapid U.S. renewable energy economy, Wood Mackenzie notes.
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.
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