Ebon Solar will invest $942 million in a solar cell manufacturing facility, bringing over 900 jobs.
The latest financial stability ranking of inverter manufacturers from Sinovoltaics lists Hoymiles Power Electronics, Eaton, Enphase, Kstar and Delta Electronics as the top five.
Ribbon-cutting event marks $60 million investment in U.S. solar manufacturing.
The Department of Energy announced a conditional commitment to loan Qcells for its Georgia factory producing solar ingots, wafers, cells, and panels.
Also on the rise: Bill aims to cut 45X tax credits for Chinese solar makers. Battery fire shuts down California highway. And more.
While the lucrative tax credits has attracted clean energy manufacturers from around the world to build factories in the U.S., the fact that many of the new manufacturing facilities are from Chinese companies has created a controversy that this new bill aims to solve.
The announcement of Tesla’s battery factory in Shanghai marked the company’s entry into the Chinese market. Amy Zhang, analyst at InfoLink Consulting, looks at what this move could bring for the US battery storage maker and the broader Chinese market.
Heliene is a solar module provider operating in North America, while Premier Energies is the second largest solar cell manufacturer in India.
The third edition of the Sinovoltaics financial stability report ranking lists India-based Abhishek Corp, Insolartion Energy, Waaree Renewable Technologies, and Solex Energy, all based in India, followed by U.S.-based First Solar as the top five. Six additional manufacturers entered the global ranking.
The new venture is expected to bring 2 GW of solar module manufacturing capacity to the US market within 18 to 24 months.
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