The Indian cabinet allocated around $2.4 billion for the second phase of the incentive scheme.
In other news, a Chinese consortium is planning to build a 10 GW heterojunction (HTJ) module factory in Sichuan and Risen Energy is seeking to raise around $1 billion through a private placement of shares to finance its 5 GW HTJ panel production.
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.
United States-based engineering firm FTC Solar has unveiled a new self-powered solar tracking system which it says requires up to 36% fewer foundations than existing technologies and enables an estimated 5% greater energy output for a given parcel of land.
PV Hardware expects its new 6 GW plant to be operational by 2023. The planned factory is the latest in a wave of solar supply chain onshoring that has occurred since the passage of the US Inflation Reduction Act.
IHS Markit said it expects the United States, Germany, and the Netherlands to be the top three markets for cumulative shipments of module-level power electronics in the 2022-26 period. Cumulative shipments are set to hit almost 100 GW by 2026.
Arctech has released a novel dual-row, single-axis solar tracker for use in different climates and topographies.
China’s Arctech has opened a 3 GW solar tracker factory in India that will produce all of the major components of its solar tracker products.
If the industry has sufficient knowledge and experience to deal with the effects of strong wind, why do trackers still get damaged and destroyed? pv magazine’s Pilar Sanchez Molina looks at a recent example in Spain with PI Berlin’s Asier Ukar.
US balance-of-system specialist Shoals posted record revenue and gross profit in the second quarter on rising sales of components and strong demand for its combine-as-you-go system.
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