The Dept. of the Treasury and the IRS have released the final rules for the Sec. 48 Energy Credit – also known as the federal investment tax credit (ITC). For decades, the ITC has fueled U.S. clean energy development by providing a tax credit for investments in qualifying clean energy property – generally 30% of the… The post Treasury releases final rules on Sec. 48 ITC appeared first on Solar Power World.

PV Hardware USA (PVH), a solar tracker manufacturer, has developed Diffuse Control, a solar tracker algorithm designed to increase solar plant generation during overcast conditions, potentially increasing production by up to 20% on some days compared to traditional sun tracking algorithms. “Sun tracking is most often based on pure geometry, where the sun’s position is… The post PV Hardware optmizes solar tracker generation for cloudy days appeared first on Solar Power World.

According to the U.S. Solar Market Insight Q4 2024 report released by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, the U.S. solar industry installed 8.6 GW of new electricity generation capacity in Q3, representing a 21% year-over-year increase and the largest Q3 ever for the industry. The utility-scale segment led the industry with… The post U.S. solar industry has largest Q3 of all time appeared first on Solar Power World.

Indigenized Energy, a Native-led capacity-building organization that works directly with Tribes to build sustainable solar energy systems, announced an d  in-kind donation of over 2,000 solar modules by JinkoSolar. The largest donation of its kind to-date, the modules will deliver more than 800 kW of energy to Tribal Nations across the Midwestern United States. JinkoSolar’s… The post Donated Jinko solar panels to benefit Tribal Nations across Midwestern US appeared first on Solar Power World.

Following the Dept. of Commerce’s preliminary decision to impose countervailing duties (CVD) on silicon solar cell imports from Southeast Asia, the federal government has preliminarily decided to enforce antidumping (AD) tariffs as well. Commerce has been conducting separate AD and CVD investigations into solar imports from Cambodia, Malaysia, Thailand and Vietnam after the American Alliance for… The post Commerce reveals antidumping tariff rates on Southeast Asian solar panels appeared first on Solar Power World.

Solar Power World is proud to today unveil its inaugural winning class of Top Products for the solar and storage industry. The 2024 Top Products contest celebrates the most innovative and significant products available to the U.S. market. “Our judges had their work cut out for them, assessing many submissions in both the residential and… The post Solar Power World unveils winners of 2024 Top Products competition appeared first on Solar Power World.

Imperial Star Solar, which will start module assembly out of its Texas factory before the end of the year, announced it has entered into a multi-year supply agreement with Suniva for American-made solar cells. Market availability of the solar panels with Suniva cells will begin in the first half of 2025. “This partnership with Suniva… The post Imperial Star Solar signs cell supply agreement with Suniva appeared first on Solar Power World.

Entergy Louisiana and D. E. Shaw Renewable Investments (DESRI) started commercial operations at Sunlight Road Solar, located in Washington Parish, Louisiana. The 50-MW solar facility in Franklinton, developed and built by DESRI, will supply power to Entergy Louisiana’s grid through a 20-year power purchase agreement. With more than 100,000 photovoltaic panels, Sunlight Road Solar will… The post D. E. Shaw completes 50-MW solar tracker project in southeast Louisiana appeared first on Solar Power World.

Story updated Nov. 28 to include SolarEdge’s clarifying statement. Power electronics giant SolarEdge announced today it will shut down its energy storage division. This will result in the loss of 500 jobs, mostly in South Korea. The company expects to save $7.5 million this quarter with this decision. SolarEdge clarified that the affected division is… The post SolarEdge closes energy storage division appeared first on Solar Power World.

Ipsun Solar announced it is partnering with Versiris Energy to install 1.58 MW of rooftop solar on storage units throughout Virginia. This collaboration aligns with both companies’ commitment to increase access to clean energy and promote sustainability. The first completed installation project in this partnership is at a facility in Fairfax, Virginia, and marks the… The post Ipsun Solar starts work on 1.58-MW storage unit rooftop solar portfolio appeared first on Solar Power World.

Maxeon announced it will restructure its business to focus exclusively on the U.S. market. The global company based in Singapore will work out a deal with the parent company of its majority shareholder (TCL) to sell its European, Asian and Latin American sales and marketing. TCL will form a new unit, TCL SunPower International, for… The post Maxeon to focus only on US market, will lease New Mexico building for panel manufacturing appeared first on Solar Power World.

Earlier this year, Nexamp launched its second national headquarters in Chicago at an event featuring Governor JB Pritzker and Representative Danny K. Davis (D-IL). As part of that announcement, Nexamp committed to hiring an additional 50 team members and investing more than $2 billion in the state through its existing projects and robust development pipeline.… The post Dept. of Labor approves Nexamp’s Registered Apprenticeship Program appeared first on Solar Power World.