inflation-reduction-act

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GameChange Solar to Expand US Tracker Manufacturing by 11 GW  

Solar tracking solutions supplier GameChange Solar (GCS) is expanding its annual tracker manufacturing capacity in the U.S. from 24 GW to 35 GW. This increase in...

February 23, 2024

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Staff

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Manufacturing

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Solar
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Daily News Wrap-Up: SECI’s 1 GW ISTS-Connected Solar Projects Auction

Avaada Energy, Sprng Energy, ReNew Solar Power (ReNew), and Solarcraft Power India 8 (Blupine Energy) won the Solar Energy Corporation of India’s (SECI) auction to set...

December 21, 2023

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Mercom Staff

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Daily Wrap-up
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Qcells North America Expands Dalton Solar Module Facility to 5.1 GW

Solar cell and module manufacturer Qcells has announced the completion of its expansion at its solar panel manufacturing facility in Dalton, Georgia, adding 2 GW of new...

October 19, 2023

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Gautamee Hazarika

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Manufacturing

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Solar
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Soltec Power Holdings Gains Momentum as Q2 Losses Drop by 50%

Solar tracker manufacturer Soltec Power Holdings recorded a net loss of €4.8 million (~$5.05 million) during the second quarter (Q2) 2023, a year-over-year (YoY)...

September 28, 2023

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Gautamee Hazarika

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Markets & Policy

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Solar
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Silfab to Build 1.2 GW Solar Module Manufacturing Facility in York County

Silfab Solar, a North American-based solar panel manufacturer, is expanding its presence in the United States by setting up operations in York County, Pennsylvania. With...

September 21, 2023

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Staff

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Markets & Policy

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Solar
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Microinverter Company Enphase Energy’s Q2 Profit Up 37% YoY

Enphase Energy, a microinverter-based solar and storage systems supplier, reported a 37% increase in net profit to $205.6 million during the second quarter (Q2) of 2023...

July 28, 2023

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Gourav Mishra

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Inverters & BOS

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Solar
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Solar Jobs in the US Increase by 3.5% YoY in 2022

The United States had 263,883 jobs dedicated to solar energy as of December 2022, indicating a 3.5% growth with 8,846 additional jobs since 2021, according to the 13th...

July 28, 2023

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Rakesh Ranjan

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Markets & Policy

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Solar
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China Contemplates Restricting Exports of Critical Solar Technology

In a move that could significantly hamper the energy transition goals globally, China is contemplating restricting exports of critical technology related to solar...

February 2, 2023

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B.S. Nagaraj

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Markets & Policy

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Solar
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US Renewable Sector to See $114 Billion Annual Investments by 2031: Report

The Inflation Reduction Act (IRA) in the U.S. will propel the annual investment in the country’s renewable energy sector to nearly $114 billion by 2031 from $64 billion...

January 20, 2023

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Rakesh Ranjan

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Other

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Renewable Energy
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Inflation Reduction Act to Help US Solar Installations to Triple by 2027: Report

Overall solar installations across all market segments in the United States are likely to triple in size, increasing from 129 GW to 336 GW in the next five years, a...

September 13, 2022

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Gourav Mishra

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Markets & Policy

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Solar
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US Needs to Deploy 90 GW Solar, 150 GW Wind Capacity Annually to Decarbonize Electric Grid

The United States needs to deploy 40–90 GW of solar and 70–150 GW of wind energy every year until 2030 to decarbonize the country’s power sector by 2035, a report by the...

September 5, 2022

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Gourav Mishra

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Other

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Renewable Energy
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Inflation Reduction Act Paves the Way for Faster Transition to Clean Energy in the US

In a significant development, President Joe Biden signed the ‘Inflation Reduction Act of 2022,’ which the U.S. House of Representatives and the Senate had...

August 18, 2022

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Rakesh Ranjan

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Markets & Policy

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Solar

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