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(Reuters) – Shares in Swiss solar panel maker Meyer Burger plunged more than 50% on Monday after the company halted plans for a plant in Colorado, further delayed its financial results and said it was drawing up a restructuring plan. Meyer Burger had earlier this month already postponed publication of its 2024 half-year results until Sept. …
(Reuters) – A California residential solar subsidy will cost ratepayers who do not have rooftop panels about $8.5 billion annually by the end of this year, contributing to higher electricity rates for consumers, according to an analysis published on Thursday by the top U.S. solar state’s ratepayer advocate. WHY IT MATTERS California’s Public Utilities Commission …
California Rooftop Solar Subsidy to Cost $8.5 Billion a Year, Says Ratepayer Advocate Read More »
By John Kemp (Reuters) – China’s electricity consumption smashed the previous record in July as a prolonged heatwave settled over major load centres, especially in the Yangtze Delta, driving an enormous increase in air-conditioning and refrigeration. Unprecedented load was met by record output from hydro and solar, ensuring coal-fired generation fell slightly compared with the same …
China’s Record Hydro and Solar Cut Coal Power During Heatwave Read More »
Qcells plans largest US facility for silicon ingots and wafers Company has been pulling out of China due to US solar tariffs The Biden administration is offering Qcells as much as $1.45 billion in conditional financing to construct the biggest US plant producing silicon ingots and wafers, the building blocks of solar panels. The conditional …
Biden Offers $1.45 Billion in Financing for Georgia Solar Plant Read More »
(Reuters) – A bipartisan group of U.S. lawmakers on Wednesday introduced a bill that would block Chinese solar panel makers from claiming subsidies for their American factories. WHY IT MATTERS The American Tax Dollars for American Solar Manufacturing Act was introduced as some of the world’s largest solar panel producers, which are based in China, are …
U.S. Lawmakers Seek to Block Chinese Firms From Solar Manufacturing Subsidy Read More »
(Reuters) – European companies focused on clean energy are abandoning expansion plans, bracing for lower sales or see funding of U.S projects in doubt because of fears over what a potential election victory for Donald Trump could mean for their sector. Trump has dismissed President Joe Biden’s policies to fight climate change as a “green new scam” …
Trump Effect in Clean Tech Sector Deepens Angst in Europe’s Boardrooms Read More »
(Reuters) – California and Texas are the two largest producers of electricity from renewable power, and dominate most discussions about renewable energy generation in the United States. But several other states have developed far larger shares of renewable capacity within their utility-scale generation systems, and so draw a greater proportion of clean power in state …
The Top U.S. States for Renewable Power Generation Capacity Read More »
By Neil Ford Industry Insight from Reuters Events, a part of Thomson Reuters. Summary A dependence on components from Asia, import tariff uncertainty and demand concerns have curbed plans for American solar factories. U.S. module factory capacity rose 11 GW in Q1 2024 as tax credits in the 2022 Inflation Reduction Act bore fruit, data …
U.S. Solar Factory Outlook Hit by Supply, Demand Headwinds Read More »
July 17 (Reuters) – Construction of U.S. solar-manufacturing plants by Chinese companies is surging, putting China in position to dominate the nascent industry, as other American factories struggle to compete despite federal subsidies. Chinese companies will have at least 20 gigawatts’ worth of annual solar panel production capacity on U.S. soil within the next year, …
Many US Solar Factories are Lagging. Except Those China Owns Read More »
July 17 (Reuters) – A group of U.S. solar manufacturers is calling on the Biden administration to toughen rules governing a tax credit for solar project developers that use domestically produced components, saying they can get the credit without using American solar panels. WHY IT’S IMPORTANT The Biden administration has sought to expand investment in …
US Solar Panel Makers Seek Tougher ‘Made in USA’ Rules Read More »
