The largest climate package in US history promises to turbocharge the country’s solar sector, but considerable uncertainty remains around the impact the Inflation Reduction Act will have and how it will be enforced by authorities, writes Sean Rai-Roche.
NextEra Energy has reported better-than-expected financial results for Q3 2022 despite the damage wrought by hurricane Ian as it continued to buildout its renewable energy pipeline and seeks to take advantage of the Inflation Reduction Act (IRA).
Solar Module Super League (SMSL) member JA Solar achieved an operating revenue of RMB49.323 billion (US$6.8 billion) in the first three quarters on 2022, a year-on-year increase of 89%, according to the company’s financial results released yesterday.
Major polysilicon producer Daqo Clean Energy has reported strong financial results for Q3 2022 as the demand for its solar grade polysilicon remains strong and it continues to land large supply contracts.
US microinverter manufacturer Enphase has plans to establish four to six new manufacturing lines in the US by mid-2023 as it seeks to take advantage of manufacturing production tax credits contained with the Inflation Reduction Act (IRA).
Renewables asset manager Arevon Energy has bagged more than 2GW of First Solar’s Series 7 thin film PV modules as it continues its supply arrangement with the US manufacturer.
Australia’s recently elected Labor government has revealed the country’s federal budget for the next four years, which includes roughly AU$25 billion (US$16.02 billion) in clean energy investments.
