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US Tariff Increases on Solar, EV Imports from China to Start September 27, 2024

Four months after announcing stiff tariff hikes on imports of solar cells, electric vehicles (EV), batteries, and critical minerals originating from China, the U.S. has...

September 18, 2024

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B.S. Nagaraj

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Electric Vehicles

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Markets & Policy

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Solar
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US Adds 9.4 GW of Solar in Q2, Module Manufacturing Capacity Surges to 31 GW Post IRA

In Q2 2024, 9.4 GW of new solar power capacity was added in the US, a record second quarter. Solar module manufacturing capacity in the U.S. increased by over 10 GW to...

September 11, 2024

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Gautamee Hazarika

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Manufacturing

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Modules

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Solar
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India’s Solar Cell and Module Imports Drop Sharply in Q2 2024

India imported solar cells and modules worth over $774.9 million (~₹64.6 billion) in the second quarter (Q2) of the calendar year 2024, down 16.4% year-over-year (YoY),...

September 10, 2024

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Gulam Mustafa

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Mercom Research Focus

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Modules

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Solar
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SunPower Enters Bankruptcy, Sells $45 Million Assets to Complete Solaria

SunPower, a U.S.-based residential solar technology and energy services provider, announced that it has entered into an asset purchase agreement (APA) with Complete...

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Heliene, Premier Energies to Manufacture Solar Cells in the U.S.

North America-based solar PV module manufacturer Heliene has announced a joint venture with Premier Energies, a manufacturer of solar cells and modules in India, to...

August 1, 2024

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Tina Freese

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Manufacturing

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Modules

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Solar
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Indian Solar Imports Surge by 148% YoY in Q1 2024

India imported solar cells and modules totaling over $2 billion (~₹167 billion) in the first quarter (Q1) of the calendar year 2024, up 147.5% year-over-year (YoY),...

June 11, 2024

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Urvashi Gupta

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Mercom Research Focus

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Solar
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Vietnam’s Boviet to Build 2 GW Solar Cells and Modules Plant in North Carolina

Vietnam-based solar company Boviet Solar said it will invest $249 million for its first solar cell and module production facility in North America at Greenville, North...

April 30, 2024

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Arshreet Singh

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Manufacturing

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Solar
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Indian Solar Exports Grow 227% YoY in 2023, Imports up 89%

Indian solar exports rose 227% year-over-year (YoY) to $1.8 billion (~₹152.6 billion) in CY 2023 from $561 million (~₹46.4 billion), according to recent data published...

February 26, 2024

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Anubhav Prakash

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Markets & Policy

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Mercom Research Focus

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Solar
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US Installs Record 7.3 GWh Energy Storage Capacity in Q3 2023

The U.S. energy storage market installed 7,322 MWh in the third quarter (Q3) of 2023, the highest capacity in a quarter to date, according to the U.S. Energy Storage...

December 14, 2023

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Staff

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Energy Storage

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Markets & Policy
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Federal Circuit Upholds US President’s Authority to Impose Solar Import Tariffs

The United States Federal Circuit has overturned a Court of International Trade (CIT) decision to allow the White House to expand safeguard tariffs on solar equipment....

November 15, 2023

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Arjun Joshi

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Markets & Policy

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Solar
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Swift Current Energy Secures $779 Million for 593 MW Solar Project in US

Swift Current Energy, a U.S.-based utility-scale renewable developer, has secured $779 million in financing for its Double Black Diamond Solar project, with a capacity...

August 9, 2023

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Rakesh Ranjan

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Finance and M&A

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Solar
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Solar, Wind PPA Prices in North America Surge Due to High Project Costs

Solar and wind power purchase agreement (PPA) prices in North American and European Countries have considerably risen due to increasing capital costs, regulation...

April 20, 2023

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Arjun Joshi

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Markets & Policy

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Solar

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Wind
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US Top Destination for Indian Solar Module Exports in 2022

India’s solar module exports witnessed an unprecedented surge in 2022, recording a 321% hike year-over-year (YoY), totaling $561.6 million. It was primarily driven...

March 14, 2023

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Arjun Joshi

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Markets & Policy

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Solar
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Tracker Systems Provider FTC Solar’s Loss Narrows by 14% YoY in 2022

United States-based solar tracker systems provider FTC Solar posted a net loss of $20.5 million in the fourth quarter (Q4) of 2022, a year-on-year (YoY) improvement of...

March 2, 2023

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Gautamee Hazarika

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Finance and M&A

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Solar
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US Announces $2.5 Billion Funding for Carbon Capture Technologies

The U.S. administration’s Department of Energy (DOE) has announced $2.5 billion in funding for two carbon management programs to significantly mitigate the carbon...

February 24, 2023

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Gourav Mishra

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Finance and M&A

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Other

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