India’s solar module manufacturing capacity could hit 110 GW by 2026
India could become the world’s second-largest solar manufacturer by 2026. It will also have a notable presence in all upstream components of PV production, such as cells, ingots/wafers, and polysilicon, according to a new report.
GSL Energy launches all-in-one battery inverters for offgrid applications
China’s GSL Energy has started selling two versions of its new battery inverter, with storage capacities of 10 kWh and 20 kWh. It says the devices have a maximum charging and discharging current of 80 A.
Australia to earmark $10 billion fund to support clean energy manufacturing
Both houses of the Australian parliament have approved plans to establish an AUD 15 billion ($10 billion) national reconstruction fund to support domestic manufacturing in future industries and reduce the nation’s dependence on imports.
Canada formalizes 30% federal ITC credit, other incentives
Canada’s new policy plan mirrors the US Inflation Reduction Act (IRA), including two new input tax credits (ITCs) targeting clean energy and technology manufacturing that will remain at 30% through 2033, stepping down to 15% in 2034 before phasing out altogether after 2034.
IRENA SolarCity Simulator to drive economic opportunities, improve healthcare
The International Renewable Energy Agency (IRENA) explains how to optimally use its SolarCity Simulator, an open-access platform designed to help member countries to deploy PV systems at the municipal level.
Reshoring of US solar manufacturing
The Solar Energy Industries Association’s (SEIA) latest white paper on solar and storage manufacturing includes an interactive map. It shows that momentum has started to build for a transformational expansion of domestic solar and storage manufacturing.
Deye to build two new inverter factories totaling 18 GW
The Chinese inverter maker plans to build both new factories in China’s Zhejiang province.
EU wants European PV sector to make 40% of required components by 2030
The European Union is working on a draft proposal, which pv magazine has seen, that would require 85% of the components used in European wind farms – along with 60% of heat pumps, 85% of batteries, and 85% of electrolyzers – to be manufactured on the continent.
BayWa re to sell PV product distribution business
BayWa AG is strategically realigning BayWa re so it can sell its solar trade business. In the future, the subsidiary will focus on international projects as an independent power producer (IPP).
SAJ unveils new line of residential battery inverters
China’s Guangzhou Sanjing Electric (SAJ) has developed a new line of battery inverters in single-phase and three-phase configurations.
