The One Big Beautiful Bill Act eliminates residential solar tax credits after 2025 and introduces new timelines and restrictions for clean energy tax credits under Sections 45Y and 48E.
Solar executives and other clean energy industry members sound off on the passage of the “One Big, Beautiful Bill Act.”
Moldova’s government says developers have returned 30 grid connection permits for renewable energy projects since it introduced a financial guarantee scheme aimed at freeing up network capacity for viable investments.
SunCable has welcomed the Australian federal government’s decision to renew major project status for its Australia-Asia PowerLink, which aims to deliver up to 6 GW of renewable power from the Northern Territory to industries and urban centers in Darwin and Singapore.
The Italian authorities have opened a tender to support the deployment of about 50 MW of floating PV capacity.
Japan has allocated 79 MW of PV capacity in its latest procurement exercise. The highest price in the auction was JPY 7.79 ($0.054) /kWh.
Researchers in Hungary have developed a model to calculate the optimal PV and battery storage balance to support the European grid in the next few years. They found that the cost-optimal range is at 530–880 GW of PV, combined with battery storage equivalent to 2.5–7.5% of the total intermittent capacity.
China’s top industry officials have vowed to curb low-price competition and excess capacity in the solar sector, as authorities begin implementing measures aimed at stabilizing supply chains and rebalancing the market.
Sinopec has commissioned a 7.5 MW offshore floating solar project in full seawater conditions in China.
SolarPower Europe has underscored the role of domestic mounting system manufacturers in driving PV deployment across Europe, while calling for the adoption of international customs codes, stricter quality standards, and the inclusion of fixed-tilt racking systems in national resilience technology lists under the EU Net-Zero Industry Act (NZIA).
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