IRA

Waaree Energies To Start TOPCOn Cell Production From April 2025

Indian solar module manufacturer Waaree Energies is all set to start producing TOPCon-based solar cells from April this year. The company’s top management is optimistic about its plan to commence TOPCon cell production at its proposed solar cell plant soon. In its latest investors’ call, Amit Paithankar, Chief Executive Officer (CEO) of Waaree Energies, said […]

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After Tax Credit Aid, US Solar Module Production Rises By 600%

Solar module manufacturing capacity in the United States (US) rose by around 600% after the federal government’s tax credit support to the industry, a report said. The latest update from the Solar Energy Industries Association (SEIA) said that the tax credit support bolstered the growth of the solar industry in the region significantly. These tax […]

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2024: US Clean Energy Investment Announcements Rose To $1tn

United States (US) recently saw a surge in private sector clean energy investment. The country saw the investment reaching $1 trillion in clean energy, semiconductors, and other advanced manufacturing initiatives. The move is set to see a spur in catalyzing growth of clean energy in the United States (US). The data shows that announced investments […]

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US Investment Plan: Premier Energies To Wait For More Clarity On IRA

Indian solar module and solar cell manufacturer Premier Energies has now planned to buy more time on its investment plan in the United States (US). The firm, which has planned to start its solar cell production line in the US now wants more clarity on the benefits under the Inflation Reduction Act (IRA) after the […]

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WTO Establishes Panel To Ascertain Tax Credits Rule Under IRA   

The World Trade Organization’s (WTO) Dispute Settlement Body (DSB) at a recent meeting agreed to a request from China to establish a dispute panel. This panel will rule on the WTO compatibility of certain tax credits under the US Inflation Reduction Act (IRA). The move was expected after China made it clear that it opposed […]

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Q2: US Residential Solar Adds 1.1 GW, Lowest Growth in Three Years

United States (US) solar module manufacturing capacity now exceeds 31 gigawatts (GW). Solar manufacturing received nearly a four-fold increase since the Inflation Reduction Act (IRA) became law in 2022. According to the US Solar Market Insight Q3 2024 report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, federal clean energy policies […]

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US Releases New Rule To Incentivise Clean Energy Production Under IRA

The US Department of the Treasury and Internal Revenue Service (IRS) released proposed guidance on the Clean Electricity Production Credit and Clean Electricity Investment Credit under the Inflation Reduction Act (IRA). This guideline was established by President Biden’s Inflation Reduction Act (IRA), to provide clarity to developers of clean electricity projects. This guidance is expected […]

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Highland Materials Set To Add 20K Tonnes Polysilicon Capacity In US

The IRA (Inflation Reduction Act) driven manufacturing bandwagon is still picking up pace in the US. The latest announcement comes from Polysilicon manufacturer Highland Materials, that has secured US$255.6 million in 48C tax credits to build a polysilicon plant in the US. The announcement comes even as global polysilicon prices, mirroring the rest of the […]

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China Versus The US, Europe and Japan? Trade Battles Reach WTO

Days after China formally raised the issue of US subsidies under the Inflation Reduction Act (IRA), the US and Japan, with every possibility of Europe joining in, have been reported to be in formal talks to form a loose alliance to counter the Chinese threat on trade. While the United States and Japan have joined […]

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