From pv journal USA

Representatives of 13 European PV tools makers, principally from Germany, met with US photo voltaic producers at a one-day convention and networking occasion this week in Washington, DC. VDMA Photovoltaic Gear, a bit of the VDMA commerce group representing the equipment and tools manufacturing trade in Germany and Europe, organized the occasion in cooperation with US establishments.

The assembly is designed “to match between EU tools suppliers and PV producers increasing within the US,” mentioned Michael Parr, govt director of the Extremely-Low Carbon Photo voltaic Alliance, a co-sponsor of the occasion.

Parr advised the worldwide gathering that with the US Inflation Discount Act (IRA), the USA is encouraging, for the primary time, the manufacturing and deployment of PV, on “a transparent 10-year runway.”

The U.S. market alternative for PV tools producers is $1 billion to 1.5 billion by way of 2030 for capital tools alone, mentioned Lawrence Heath, a McKinsey & Firm advisor. That projection relies on an assumption that the US will add 50 GW of PV manufacturing capability by 2030, he mentioned.

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