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U.S. CHIPS Act makes solar manufacturing eligible for significant tax credits

Upstream solar manufacturing will be supported by the Investment Tax Credit, based on final rules released by the Department of the Treasury.

Array Technologies unveils 77-degree solar tracker stow for hail protection

Array Technologies says it has developed a 77-degree solar tracker stow designed to protect solar assets from hail and high winds by responding to severe weather events.

U.S. solar industry standards for solar supply chain transparency

The Solar Energy Industries Association (SEIA) submitted a draft industry standard to help companies comply with Customs and Border Patrol (CBP) traceability requirements for solar component imports.

End of the line for a U.S. solar giant

SunPower, one of the largest, oldest, and most influential solar businesses in the United States, has closed its doors. Residential solar installers in the United States have struggled as interest rates have risen and cash generation has emerged as an issue.

Nextracker introduces solar mount foundation services for soil types ‘anywhere’

The solar tracking provider introduced NX Anchor, further expanding the types of soil and areas that solar installers can develop on.

Global solar manufacturing reaches 1.2 TW, said Bloomberg NEF

In its 3Q 2024 global market outlook, Bloomberg forecast the world will install 592 GW in 2024, up one 33% from last year.

Japan’s Toyo Solar announces 2 GW panel factory in US

Toyo Solar has revealed plans to open a 2 GW solar panel factory in the United States and has filed to raise $100 million for a future tunnel oxide passivated contact (TOPCon) solar cell facility.

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Maxeon to offer warranty support for bankrupt SunPower

After closing its business, eligible SunPower customers will have their warranty supported by Maxeon.

EVLO introduces 5 MWh containerized battery energy storage system

EVLO Energy Storage has developed a 5 MWh battery system with a two-hour to four-hour duration in a 20-foot container.

TMEIC to open 9 GW utility-scale solar inverter factory in Texas

TMEIC says it will set up a 9 GW utility-scale solar inverter factory in Texas, in addition to relocating the headquarters of its TMEIC Corporation Americas unit to Houston in March 2025.

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