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inflation reduction act

RE+ Las Vegas- Solar Shines Brightest In the US

At the recently concluded RE+ show in the US, the largest such show for renewable energy, particularly solar in that country, the response was massive. That is understandable, considering the fact that the US is well on its way to having a blockbuster 2023 in terms of new solar capacity additions. 32 GW is set […]

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Trina Solar To Set Up US Plant To Hedge Against Tariff Risks

Trina Solar, which has come off a record H1 in revenues and profits, has decided to spend USD200 million on a solar panel plant in Texas, the United States. The move comes even as Chinese firms remain embroiled in tariff related issues for sales in the US, a key export market.  Earlier, Trina has also […]

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China On Course For 1 TW Solar Capacity By 2026, 500 GW In 2023

China’s solar sector is set to break records in the coming years. When installed capacity crosses the 500 gigawatts (GW) mark by the end of 2023, it will have taken 13 years to reach that milestone. That total, however, will be doubled to 1 terawatt (TW) in just three additional years. Rystad Energy modeling shows […]

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Energy Storage in Focus in US as Multiple Firms Secure Support

The US is witnessing a boom in solar manufacturing and energy storage projects with the announcement of the Inflation Reduction Act. The past week was also marked by news on key energy storage projects. Project Financing Among these, a major news coming in was of Nevada-based American Battery Technology Co., a battery materials firm, that […]

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US On Course For Record 32 GW Solar Capacity Additions in 2023

A new report from the US solar lobby Solar Energy Industries Association (SEIA) and Wood Mackenzie predicts a record addition of 32 GW of new capacity in 2023, a 52% increase from 2022. The US Solar Market Insight Q3 2023 report paints a positive picture of growth for the sector, especially with the IRA (Inflation Reduction Act) […]

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Chennai To Host Windergy India Meet This October

Several wind energy behemoths and industry leaders are now all set to hold meetings to brainstorm renewable technologies at the upcoming Windergy India 2023 event. The event has been planned in Chennai from October 4 to October 6 at the Chennai Trade Centre.  A series of conferences with participation from the Tamil Nadu government, the […]

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H1 Global Wind Turbine Orders At High Of 69.5 GW

Research from research firm Wood Mackenzie. indicates that global wind turbine order intake reached new highs in H1, with 69.5 gigawatts (GW) of activity, a 12 percent increase year-over-year. The figures include offshore as well as onshore wind turbine orders. A big driver of this activity was offshore wind turbine orders from outside of China, […]

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