A new era of made-in-USA solar
There are both challenges and benefits to boosting solar manufacturing in America. The Inflation Reduction Act of 2022 includes a host of measures to support the production of US renewable energy technologies and could foster a new era for made-in-America solar. pv magazine USA Senior Editor Anne Fischer explores the current status and outlook of US solar manufacturing.
KKR, Hero Group to invest $450 million in Hero Future Energies
The investment will support Hero Future Energies in expanding its renewable energy capacity and capabilities across the solar, wind, battery storage, and green hydrogen technologies.
Vikram Solar signs 350 MW module supply deal with US customer
The Indian solar manufacturer will supply 350 MW of PV modules for a project located in the state of Arizona in the United States.
Azure Power places order for 600 MW of First Solar modules
US manufacturer First Solar will supply its first ‘made in India’ PV modules to Indian developer Azure Power.
Prescinto secures deal with energy storage major in USA
Gujarat-based Prescinto, which provides software-as-a-service (SaaS) solutions for clean energy asset management, has expanded beyond wind and solar into the rapidly accelerating energy storage market and added North America to its growing international portfolio.
Reliance Industries to acquire majority stake in SenseHawk
Reliance Industries is set to buy 79.4% of US-based SenseHawk, which provides software-as-a-service (SaaS) solutions for process optimization, automation, and asset information management across the solar asset lifecycle. The startup has globally deployed its software at more than 600 sites.
US to extend Investment Tax Credit for solar at 30% to 2032
As written in the Inflation Reduction Act of 2022, the tax credit will begin at 30% and step down to 26% in 2033 and 22% in 2034.
Enphase surpasses 5 million shipments of microinverters produced in India
USA-headquartered Enphase manufactures microinverters in India from Finnish company Salcomp’s plant in Chennai.
SunEdison brings Arka’s integrated solar roofs to Indian homes
SunEdison has partnered with Silicon Valley based startup Arka Energy to provide the Arka collection of solar roof and gazebo solutions in India. The collection is available in one hundred cities across the nation.
Israel, USA, UAE to support 300 MW wind-solar-storage project in Gujarat
The United States and Israel have the opportunity to provide clean energy solutions for the 300 MW wind-solar project complemented by a battery energy storage system. United Arab Emirates-based companies will explore participation as knowledge and investment partner.
