Tag Archive for: ussolar

China’s Trina Solar, one of the world’s largest solar panel makers, has announced it will build a 5GW solar panel factory in Texas.

Chinese solar giant Trina is opening a 5 GW factory in Texas

China’s Trina Solar, one of the world’s largest solar panel makers, has announced it will build a 5 gigawatt (GW) solar panel factory in Texas.

The factory will be in Wilmer, southeast of Dallas. The $200 million facility will be more than 1 million square feet in size and will create 1,500 local jobs. Trina Solar says it will source polysilicon, a key raw material in the solar supply chain, from the US and Europe. The factory will come online in 2024.

Trina Solar’s Texas factory will produce the company’s Vertex modules that incorporate 210mm silicon wafers that allow over 600W power output and up to 21.4% module efficiency.

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Source: electrek

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The US solar industry is expecting to install an unprecedented 32GW of new capacity in 2023, according to the SEIA and Wood Mackenzie.

US solar installations expected to be a record 32 GW in 2023

The US solar industry is expecting to install an unprecedented 32 gigawatts (GW) of new capacity in 2023, according to a report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie.

This year’s anticipated installed solar capacity is a 52% surge from 2022, according to the new “US Solar Market Insight Q3 2023” report.

Supply chain bottlenecks as a result of the pandemic and restrictive trade policies have negatively impacted the solar market in recent years. But these challenges are beginning to recede, and as the Biden administration’s Inflation Reduction Act (IRA) policies gain momentum, Wood Mackenzie expects total US operating solar capacity to grow from 153 GW today to 375 GW by 2028.

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Source: electrek

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First Solar plans to spend as much as $1.1B on a new US factory, a sign that president Biden’s IRA is boosting domestic clean energy industry

First Solar to invest $1.1 billion in fifth US panel factory

First Solar Inc. plans to spend as much as $1.1 billion on a new US manufacturing site, a sign that president Joe Biden’s Inflation Reduction Act is boosting domestic clean energy industry.

The plant will be able to produce panels capable of generating 3.5 gigawatts of solar power per year upon completion in 2026, according to a statement Thursday. The company hasn’t yet picked a location for what will be its fifth US factory.

Aided by incentives from the IRA, the biggest US panel maker has now committed $2.8 billion in the past year to expand US production. The new plant will give First Solar total annual capacity of 14 gigawatts in the US and 25 gigawatts globally.

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Source: Bloomberg

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With the improved outlook for solar panel supplies, analysts expect 19 GW & 27 GW of US utility-scale solar to be installed in 2023 & 2024, respectively.

US utility-scale solar outlook improves on easing supply chain limits: Morgan Stanley

The outlook for U.S. utility-scale solar has improved on easing supply chain problems, but near-term residential solar growth may be hurt by rising interest rates and changes to California’s net metering policy, Morgan Stanley analysts said in a report Monday.

The investment firm’s analysts said at the start of the year they were worried about the effects of the Uyghur Forced Labor Prevention Act, which resulted in shipments of imported solar panels being held by U.S. Customs and Border Protection, leading to project delays.

Of the roughly $710 million worth of shipments detained last year, about 40% had been released as of early April, the analysts said. Also, it appears that panels made with non-Chinese polysilicon have continued to enter the U.S. without significant delays, they said.

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Source: Utility Dive

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Solar4America, a wholly owned subsidiary of SPI Energy, plans to begin manufacturing N-type heterojunction (HJT) solar cells in the US.

Heterojunction solar cell factory to be built in Sacramento

Solar4America, a wholly owned subsidiary of SPI Energy, plans to begin manufacturing N-type heterojunction (HJT) solar cells in the United States.

This follows the company’s January announcement to increase solar module production to 2.4 GW at its factory in Sacramento, California. While the US Inflation Reduction Act has thus far incentivized many module manufacturers to begin production in the United States, cell and wafer manufacturing has yet to ramp up.

“The production of HJT solar cells aligns with our commitment to providing cutting-edge renewable energy technology while reducing carbon footprints globally,” said Denton Peng, chairman and CEO of SPI Energy.

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Source: PV Magazine

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The US Treasury Department has just issued new rules regarding tax credits for solar power installations in the US. Not everyone is happy.

US Treasury announces new solar tax credit guidance

Unless you have been living under a rock lately, you are probably aware that a titanic struggle is taking place in the US over solar power. On the one hand, the federal government wants to speed up the installation of solar power plants to help lower carbon emissions from thermal generating plants. To accomplish that goal, there are many incentives included in recent federal legislation, like the Inflation Reduction Act, that are worth billions of dollars.

On the other hand, the government wants to encourage domestic production and protect American manufacturers from overseas competitors who may be using forced labor and government subsidies to make solar cells and panels that they sell for less than the cost of manufacturing. It’s a delicate dance, one that is fraught with geopolitical implications.

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Source: Clean Technica

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Enel North America has named Oklahoma as its preferred choice for its planned 3-gigawatt (GW) solar panel and cell factory.

Oklahoma is about to get one of the largest solar cell factories in the US

Enel North America has named Oklahoma as its preferred choice for its planned 3-gigawatt (GW) solar panel and cell factory.

The factory, which Enel announced in November of last year, will be one of the largest to produce solar cells in the US – and Enel says it eventually plans to double its capacity to 6 GW.

Giovanni Bertolino, head of Enel’s US solar manufacturing affiliate 3Sun USA, said in a statement: We have identified Oklahoma as the leading candidate and we are excited about the possibility to expand our presence in the state.

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Source: electrek

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The US Department of Energy just invested $82 million in 19 innovative projects in 12 states to boost US solar manufacturing and recycling.

19 US solar recycling and manufacturing projects just got $82M in funding

The US Department of Energy just invested $82 million in 19 innovative projects in 12 states to boost US solar manufacturing and recycling.

As part of that $52 million in funding, $10 million will come from the Bipartisan Infrastructure Law to strengthen the US domestic solar supply chain, and $30 million will be put toward technologies that will help integrate solar energy into the grid.

The investment will help promote cheaper, more efficient solar cells and advance cadmium telluride and perovskite solar manufacturing.

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Source: electrek

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There are now more than 140 gigawatts of solar capacity installed in the US, enough to power 25 million homes.

Solar can now power one in five US homes

Solar accounted for 50% of all new electricity-generating capacity added in the US in 2022, according to a new report by the Solar Energy Industries Association. Federal policies like the Solar Investment Tax Credit lowered costs for solar panel installations, and increased demand across the private and public sectors. The result is that there are now more than 140 gigawatts of solar capacity installed in the US, enough to power 25 million homes.

California, Texas, and Florida were the top three states for new solar capacity for the third year in a row. California took back the top spot after Texas led the nation in 2021.

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Source: QUARTZ

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Dozens of companies throughout the solar supply chain have made more than 40 domestic manufacturing announcements valued at more than $13B.

Turning America into a solar manufacturing powerhouse

A wave of new announcements by manufacturers reveals a massive swing in the American solar industry: a domestic solar manufacturing boom is underway. This is a sea change for energy security and jobs and will ensure the U.S. solar and storage industry has a reliable supply of solar equipment as it grows from nearly 5% of the nation’s electricity mix to a fundamental part of America’s energy supply.

One year ago, the Solar Energy Industries Association (SEIA) revealed that companies were waiting in the wings, ready to invest in domestic manufacturing with the right market signals and policies in place.

Now, with new incentives and comprehensive industrial policies in place, they’re taking action.

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Source: SEIA

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