Inflation Reduction Act

THE BOTTOM LINE

Can industrial policy revive manufacturing?

In the US and EU alike, resisting the secular trend of “demanufacturing” may well be a losing battle

Trina will retain a minority ownership stake in Freyr after the transaction closes, which is expected at the end of the year.

Chinese solar panel giant Trina to sell plant in Texas

CHINA’S renewables giant Trina Solar has agreed to sell its US solar manufacturing operations amid increased American scrutiny of Chinese companies benefiting from clean energy tax incentives created ...

The panel will rule on whether certain tax credits under the IRA are compatible with international trade rules, the WTO says.

China gets WTO panel to probe US Inflation Reduction Act

CHINA succeeded in its second attempt to establish a dispute panel at the World Trade Organization (WTO) to review whether subsidies from the Inflation Reduction Act (IRA) unlawfully favour US goods o...

The Biden administration’s Inflation Reduction Act has multiple goals, from promoting place-based manufacturing to lowering emissions.

Getting industrial policy right is a tricky business

Politicians should acknowledge what we stand to lose in the new era of suspicion, protectionism and interventionism

The package will support more than US$100 billion in US investments from Intel, including efforts to produce cutting-edge semiconductors at large-scale plants in Arizona and Ohio.

Intel wins almost US$20 billion in chips incentives for US plants

THE US will award Intel US$8.5 billion in grants and as much as US$11 billion in loans to help fund an expansion of its semiconductor factories, the Commerce Department announced on Wednesday (Mar 20)...

Regulatory and supply issues continue to affect the prices of polysilicon, the key raw material for manufacturing solar panels.

Impact of US Inflation Reduction Act on the global solar market

Industry players need to brace for a period of volatility alongside rapid growth

Even though the IRA has undeniably helped boost green energy capacity, it has not been able to salvage asset valuations.

The green investor calling out Biden’s climate law for enriching bankers and consultants

ONE of the world’s biggest green investment managers is voicing frustration over some key features of US President Joe Biden’s landmark climate law.

The EU rushes to prevent green technology investment from shifting to the US as the IRA funnels some US$370 billion into subsidies, including tax breaks for US-made electric vehicles and batteries.

EU approves 900-million-euro German aid for battery plant

THE EU approved Monday (Jan 8) a 900-million-euro German state subsidy for electric vehicle battery firm Northvolt to build a plant in Germany that might have otherwise been lured to the US.

At least US$2 billion will go to so-called legacy chips, less advanced semiconductors that are still essential to the global economy.

US awards Microchip US$162 million to boost legacy semiconductors

THE US Commerce Department plans to award US$162 million to Microchip Technology to help the company triple its domestic output of older-generation semiconductors that are used in everything from cars...

The tax credit will be based on the life-cycle greenhouse gas emissions from the power source used in hydrogen production, according to the Treasury Department.

US unveils clean hydrogen plan, nuclear power role uncertain

THE US proposed rules on Friday (Dec 22) for how energy companies can access billions of US dollars in tax credits for producing low-carbon hydrogen using new clean energy sources but left thorny issu...