Tandem PV raises US$50 million to commercialise US-made perovskite modules
The investment will allow the company to build a commercial-scale perovskite manufacturing plant in the US.
The investment will allow the company to build a commercial-scale perovskite manufacturing plant in the US.
The US added a record 49GW of new solar capacity in 2024, according to figures from the BCSE and Bloomberg New Energy Finance.
The US Energy Information Administration (EIA) has forecast 63GW of new utility-scale additions in 2025, led by solar PV.
Louth Callan Renewables has been awarded permission to build three solar projects, with a combined capacity of 121MW, in Illinois.
The deal values National Grid Renewables – the US project development arm of the UK’s National Grid – at approximately US$1.735 billion.
Factors including import duties and changing tax rates in China have driven up US module prices, according to CEA’s latest pricing report.
A broad coalition of US energy companies and groups have called for clean energy tax credit support in the US, amidst Trump’s recent executive orders.
The US solar industry was previously sanguine about Trump’s initial tariffs, though the impacts of these metal tariffs are unclear.
US technology giant Microsoft has signed virtual power purchase agreements (VPPAs) for 389MW of solar capacity with EDP Renewables.
The projects will be developed by Sun Tribe Development and ENGIE across the US states of Virginia, Tennessee and Kentucky.