Friday, February 3, 2023
  • Contact
  • Privacy Policy
  • Terms and Conditions
Solar News
  • Solar News
  • Manufacturing
  • Commercial
  • Residential
  • Policy
  • Community solar
  • More
    • Utility
    • Storage
    • Installation
    • Solar Guide
  • Solar Companies
    • Add Listing
No Result
View All Result
Solar News
No Result
View All Result
Home Manufacturing

Inflation Reduction Act dominates conversations at RE+ tradeshow

September 21, 2022
in Manufacturing
0
Inflation Reduction Act dominates conversations at RE+ tradeshow
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter

Related posts

REC Silicon to supply FBR polysilicon produced at idle facility in US

REC Silicon to supply FBR polysilicon produced at idle facility in US

February 2, 2023
Rapid-deployment solar provider 5B aims to reduce construction risks with prefabricated tech

Rapid-deployment solar provider 5B aims to reduce construction risks with prefabricated tech

February 2, 2023
PV Tech is reporting dwell from the bottom at RE+. Picture: PV Tech

From module makers and BOS producers to utility-scale builders and neighborhood photo voltaic corporations, the Inflation Discount Act (IRA) has taken centre stage at this 12 months’s RE+ in Anaheim, California.

The annual tradeshow, which contains the Photo voltaic Energy Worldwide occasion, has returned for the primary time in three years in full swing, with many exhibitors telling PV Tech that it’s the largest and most enjoyable present they’ve attended.

That is partly due to pent up demand over the previous two years however anecdotal proof suggests an enormous cause is the fortuitously timed passage of the IRA in August within the run as much as the present.   

And the IRA actually has dominated conversations right here. Whereas there may be nonetheless some uncertainty as to sure facets of the Act and the way they are going to be carried out, corporations throughout the photo voltaic provide chain have instructed PV Tech that the US$369 billion invoice is a gamechanger for the US photo voltaic sector.  

Per week after US photo voltaic business gamers gathered on the White Home garden to have fun the IRA, the entire business has gotten collectively to have fun what appears like a brand new daybreak for US photo voltaic.

Module producers all the best way right down to smaller BOS producers have instructed PV Tech that not solely has demand elevated following the passage of the IRA, however that they have been additionally contemplating capability expansions within the nation to cater to that demand.

See also  US module manufacturer Toledo Solar aims for 2.8GW of production capacity

The IRA comprises important manufacturing credit which were designed to onshore and construct out a US PV manufacturing base, with BloombergNEF calling the IRA “one of the best probability the US has” to construct out a photo voltaic manufacturing base. Beneath the proposals, the photo voltaic manufacturing tax credit are as follows:

  • Modules would obtain US$0.07, multiplied by the capability of the module (on a per direct present watt foundation)
  • Skinny-film or crystalline PV cells would get US$0.04, multiplied by the cell’s capability (on a per direct present watt foundation)
  • Wafers would safe US$12 per sq. metre
  • Polymeric backsheets would obtain US$0.40 per sq. metre
  • Photo voltaic-grade polysilicon would get US$3 per kilogramme

Whether or not the US will have the ability to construct out all of the levels of its photo voltaic provide chain in adequate scale and time to satisfy its local weather targets is one other query, nevertheless. However producers on the present have nonetheless celebrated what the IRA means for US manufacturing potential.

On high of this, builders, which may now get pleasure from a 30% funding tax credit score (ITC) in addition to additional “adders” for the subsequent 10 years, instructed this web site that the IRA will turbocharge the complete sector, from small residential installations all the best way to massive utility-scale tasks.

Extra to observe on developer response to the IRA…

Source link

Tags: ACTconversationsdominatesInflationReductiontradeshow
Previous Post

Seraphim division SEG Solar says its opening a 2-GW module manufacturing plant in Houston

Next Post

In Asean nations it’s all about the solar – Policy

Next Post
In Asean nations it’s all about the solar – Policy

In Asean nations it’s all about the solar – Policy

RECOMMENDED NEWS

Turkey simplify rules for self-consumption, solar irrigation – Commercial

Turkey simplify rules for self-consumption, solar irrigation – Commercial

6 months ago
How variable is rooftop solar power? – Commercial

How variable is rooftop solar power? – Commercial

2 months ago
6 Must Knows About Solar Panel Installation

6 Must Knows About Solar Panel Installation

6 months ago
China aims to add 160 GW of wind, solar capacity in 2023 – Commercial

China aims to add 160 GW of wind, solar capacity in 2023 – Commercial

1 month ago

BROWSE BY CATEGORIES

  • Commercial
  • Community solar
  • Installation
  • Manufacturing
  • Policy
  • Residential
  • Solar Guide
  • Solar News
  • Storage
  • Utility

BROWSE BY TOPICS

acquires Battery California Capacity clean Commercial community completes Construction Energy facility Green Grid home India launches manufacturing Market Million module modules Panel panels Plans plant Policy portfolio Power prices Production program project projects Renewable Renewables Residential rooftop Signs solar storage supply system Systems Texas U.S

POPULAR NEWS

  • New micro-inverter series from China – Commercial

    New micro-inverter series from China – Commercial

    0 shares
    Share 0 Tweet 0
  • How to Plan Solar Panel Installation for your Home

    0 shares
    Share 0 Tweet 0
  • PV Price Watch: Polysilicon price finally levels off as top four silicon manufacturers post massive profit rises

    0 shares
    Share 0 Tweet 0
  • Exact Solar in Newtown, PA is Recognized as One of the 50 Most Community-Minded Employers in the Greater Philadelphia Region

    0 shares
    Share 0 Tweet 0
  • Leapton Solar Panels: Independent Review

    0 shares
    Share 0 Tweet 0

About

The mission of Solar News is to develop a community of people who try to make their life easy. The website strives to educate individuals in making wise choices about Solar Panels, Policy, Installation, Guides and more.

Follow us on social media:

Recent News

  • European Commission Presents Green Deal Industrial Plan
  • ComEd Commissions Its 75th Community Solar Development
  • REC Silicon to supply FBR polysilicon produced at idle facility in US

Category

  • Commercial
  • Community solar
  • Installation
  • Manufacturing
  • Policy
  • Residential
  • Solar Guide
  • Solar News
  • Storage
  • Utility

Newsletter

  • Contact
  • Privacy Policy
  • Terms and Conditions

© 2022 Solarnews - All rights reserved.

No Result
View All Result
  • Home
  • Solar News
  • Manufacturing
  • Commercial
  • Residential
  • Policy
  • Installation
  • Storage
  • Utility
  • Community solar
  • Solar Guide

© 2022 Solarnews - All rights reserved.