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inflation reduction act

US Proposes Norms To Counter Chinese Domination In Battery Manufacturing

The US Department of Treasury and the IRS (Internal Revenue Service) has now proposed guidelines on clean vehicles credits under the Inflation Reduction Act (IRA). It is expected to lower costs for consumers, spur growth in the US vehicle manufacturing, and strengthen energy security. The move is also likely to reduce the dependency of the […]

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Indian solar module manufacturers have as fair a chance as IT industry in US: Shubhra Mohanka, Gautam Solar 

Tell us about the recent developments from your firm. So, the recent developments are twofold, one is from a capacity perspective. We are doing two gigawatts of capacity manufacturing that we are expanding to now. And the second is from a product perspective, where we have launched n-type TOPCon glass-to-glass panels at this Expo. How […]

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Zetwerk-owned Unimacts In Supply Deal With Nextracker With New US Plant

US based Unimacts, which was recently acquired by Indian Infrastructure supplies unicorn Zetwerk, has entered a deal with Nextracker, a leading solar tracker and software solutions firm. A leading provider of industrial manufacturing and supply chain solutions, the new plant was opened at a Nextracker-dedicated manufacturing facility in Las Vegas. As SaurEnergy reported last week, […]

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As Solar Exports See Striking Surge, Indian PV Manufacturers Face New Challenges

China  continues its global domination when it comes to the solar supply chain. The leader brought online a whopping capacity of 87.41 GW of new solar power in 2022. As per an IEA report, it  contributed to nearly 90% of solar PV modules manufacturing capacity in 2022. The report further states that this Chinese supply […]

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IRA Has Turbo Charged American Solar Manufacturing-SEIA

The Solar Energy Industry Association (SEIA), an Industry Association Body of US has released a Solar Market Outlook Report. It is interesting to see how the SEIA, till recently an advocate of solar developers and cheap imports from China, has changed tack to celebrate the impending manufacturing boom in the US. The report, more a […]

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Siemens Announces 800 MW Inverter Manufacturing Capacity In US

German Power major Siemens has joined the rush of firms seeking to benefit from the $360 billion plus subsidies on offer under the Inflation Reduction Act in the US. Announcing plans to begin manufacturing solar string inverters in Kenosha, Wisconsin, Siemens will make Blueplanet inverters at the new site, which it acquired from KACO in […]

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First Solar Continues US Footprint with Announcement of New Factory in Louisiana

Solar solutions provider First Solar will be setting up is fifth thin-film solar module factory in the Acadiana Regional Airport in Iberia Parish, Louisiana in the USA. The unit will see an investment worth $1.1bn and aid America with capacity expansion for the production of photovoltaic solar modules domestically. The said investment will chalk out […]

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