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China to Initiate Anti-Dumping Sunset Review on Polysilicon from US, Korea

China’s Ministry of Commerce has decided to initiate a sunset review investigation into anti-dumping duties applicable to solar-grade polysilicon imports from the...

January 13, 2025

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Arjun Joshi

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Markets & Policy

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Solar
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Final Rules for Tax Credits to Spur Clean Energy Investments in US

The U.S. Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) have released final rules for the clean electricity investment and production tax...

January 13, 2025

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Melvin Mathew

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Markets & Policy

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Renewable Energy

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Solar
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US Anode Material Producers Seek 920% Tariff on Graphite Imports from China

The American Active Anode Material Producers (AAAMP) has filed petitions with the U.S. Department of Commerce and the U.S. International Trade Commission (ITC) seeking...

December 24, 2024

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Melvin Mathew

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Electric Vehicles

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Grid
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US Installs 3.8 GW of Storage in Q3 2024, Up 80% YoY

The U.S. installed 3.8 GW of storage in the third quarter (Q3) of 2024, an 80% year-over-year increase compared to Q3 2023, according to the Q4 2024 U.S. Energy Storage...

December 24, 2024

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Arjun Joshi

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Energy Storage

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Market & Policy
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US Issues Final Rules on Investment Tax Credit for Clean Energy Projects

The U.S. Department of the Treasury has issued final regulations for the Section 48 Energy Credit, also known as the Investment Tax Credit (ITC), which typically...

December 9, 2024

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Arjun Joshi

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Finance and M&A

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Renewable Energy
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Solar Additions in US Reach 8.6 GW in Q3 2024, Down 13% from Q2

In the third quarter (Q3) of 2024, the U.S. solar industry installed 8.6 GWdc capacity, marking a 21% year-over-year (YoY) increase but a 13% decline from the previous...

December 6, 2024

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Arjun Joshi

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Markets & Policy

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Solar
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Daily News Wrap-Up: GUVNL’s 500 MW/1,000 MWh BESS Auction Results

Kintech Synergy, H.G Infra Engineering, Bhilwara Energy (LNJ Bhilwara Group) and Advait Infratech have won Gujarat Urja Vikas Nigam’s Phase IV standalone Battery Energy...

December 3, 2024

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Mercom Staff

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Daily Wrap-up
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US Sets Anti-dumping Duties on Solar Cells from Four Southeast Asian Countries

The U.S. Department of Commerce announced its preliminary affirmative determinations in the anti-dumping duty investigations of crystalline photovoltaic cells, whether...

December 2, 2024

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Arjun Joshi

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Markets & Policy

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Solar
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TOYO Acquires Texas Solar Module Facility for 2.5 GW Expansion by 2025

Solar solutions provider TOYO Corporation has acquired Solar Plus Technology Texas, a module manufacturing facility in Houston, Texas. TOYO Solar, a subsidiary of TOYO,...

November 27, 2024

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Gautamee Hazarika

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Markets & Policy

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Solar
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Battery Manufacturer Northvolt Files for Bankruptcy Protection in the US

Sweden-headquartered battery developer and manufacturer Northvolt AB has filed for bankruptcy protection in the U.S. The company will seek to restructure under Chapter...

November 25, 2024

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Tina Freese

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Energy Storage

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Renewable Energy
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Daily News Wrap-Up: India Adds 16 GW Solar Capacity in 9M 2024

India added 16.4 GW of solar capacity in the first nine months (9M) of 2024, a 167% year-over-year increase from 6.2 GW in 9M 2023, according to Mercom India Research’s...

November 22, 2024

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Tina Freese

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Daily Wrap-up
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Eos Energy Q3 Revenue of $854,000 Misses Estimates by 87%

Energy storage solutions provider Eos Energy Enterprises reported a revenue of $854,000 for the third quarter (Q3) of 2024, a 24.9% year-over-year (YoY) increase from...

November 11, 2024

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Gautamee Hazarika

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Energy Storage

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Market & Policy
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US Withdraws Tariffs on Aluminum Extrusions Used in Solar on 14 Nations Including India

The U.S. International Trade Commission (USITC) recently overruled the Department of Commerce’s imposition of anti-dumping and countervailing duties on aluminum...

November 5, 2024

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Arjun Joshi

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Markets & Policy

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Other
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US Finalizes Manufacturing Production Credit Rules for Clean Energy Components

The U.S. Department of Treasury and the Internal Revenue Service (IRS) have released the final Advanced Manufacturing Production Credit regulations to boost the growth...

October 25, 2024

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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Solar Comprises 52% of New US Power Capacity Additions in 2023

For the first time in 2023, solar energy accounted for more than half (52%) of new U.S. grid capacity, with 35% coming from utility-scale solar energy and 17% from...

October 18, 2024

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Staff

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Solar

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Utility Scale

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