Inflation Reduction Act

THE BOTTOM LINE

Can industrial policy revive manufacturing?

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

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

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

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

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

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

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

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 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