Trump rescinds Biden’s Defense Production Act support for solar manufacturing

The president said the move was “necessary to advance the policy of the United States to restore common sense to the Federal Government.”
‘Phase-out of ITC/PTC in 2025 is our base case’: Future of US clean energy tax credits hangs in the balance under Trump

Trump’s budget reconciliation bill looks like it could take aim at the current tax credits for downstream clean energy projects, and Clean Energy Associates’ base case is that they will be phased out by the end of the year.
OCI Holdings to build 2GW solar cell plant in Texas

Through its US subsidiary, Mission Solar Energy, the Korean company will invest US$265 million in the construction of the plant.
Tax credit uncertainty risks “tens of billions” in US renewables investment – ACORE

Uncertainty over tax credits could cause 84% of investors and 73% of developers to decrease their activity in renewable energy, according to ACORE.
Tax credit uncertainty risks ‘tens of billions’ in US renewables investment – ACORE

Uncertainty over tax credits could cause 84% of investors and 73% of developers to decrease their activity in renewable energy, according to ACORE.
Spain’s €699 million scheme to support 2.5-3.5GW of storage following EU approval

The European Commission has approved a €699 million (US$760 million) state aid scheme in Spain to support the deployment of up to 3.5GW of energy storage.
‘The more locally we produce, the better’: EVLO on US market, tariffs impacts on BESS

EVLO Energy Storage vice president of business development and sales Martin Rheault speaks with Energy-Storage.news about differences in the US and Canadian storage markets, EVLO’s products, and changes in the US energy storage market.
Safety and ESG are non-negotiable requirements in Europe’s BESS market, says Trina Storage

Juan Ceballos, Trina Storage head of sales for Europe, tells ESN Premium how one of solar’s big players aims to become a major presence in energy storage.
T1 Energy selects Texas for 5GW solar cell plant, module ramp up ahead of plans

Construction of the solar cell plant is expected to begin in mid-year 2025 with commercial production beginning in the second half of 2026.
Q Energy to build 200MW solar PV in Spain

Consisting of three utility-scale projects – 105MWp, 73MWp and 26MWp, respectively – the projects are expected to be completed in 2026.