The US Inflation Reduction Act of 2022 sets aside $369 billion to decarbonize the economy and respond to climate change. pv magazine USA’s Anne Fischer and Ryan Kennedy report on the boost the landmark legislation is expected to provide to solar and battery deployment and manufacturing.
TBEA said it expects to produce 120,000 metric tons (MT) of polysilicon this year and 250,000 MT in 2023, while Daqo has revealed plans for a $700 million share buyback program.
Longi, JA Solar and Yingli have agreed to collectively supply 1.05 GW of solar panels to China Southern Power Grid, while Daqo New Energy has secured board for a planned $700 million share repurchase program.
The European Union and the United States are seeking a solution for key aspects of “discriminatory” production requirements in the US Inflation Reduction Act (IRA). The EU said it might bring the case to the World Trade Organization if a compromise cannot be reached.
Shenzhen Energy has announced plans to build a green hydrogen facility in Inner Mongolia, and Daqo has secured another polysilicon supply deal. DKEM, meanwhile, has unveiled plans to build a silver paste production facility for TOPCon products.
FoxEss has released new inverters with nominal power ranging from 0.7 kW to 3.3 kW, a maximum efficiency rating of 97.4%, and a maximum European efficiency of 96.8%. They measure 290 mm x 220 mm x 116 mm and weigh in at 5.4 kg.
Solinteg is offering five versions of its new three-phase hybrid inverters, with nominal power ranging from 25 kW to 50 kW, an efficiency rating of 98.8%, a European efficiency of 98.3%, and up to 4 MPPTs.
KSolare’s 5G-Pro series grid-tie solar inverters are now available with power ranging from 3 kW to 60 kW.
Enphase said in its recent third-quarter earnings call that it will expand solar inverter production in the United States.
Solinteg has released new inverters with nominal power ranging from 1.5 kW to 3.3 kW, an efficiency rating of 97.5%, and a European efficiency of 97.0%.
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