{"id":586320,"date":"2023-06-23T09:31:43","date_gmt":"2023-06-23T04:01:43","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=586320"},"modified":"2023-06-23T10:09:06","modified_gmt":"2023-06-23T04:39:06","slug":"group-backed-by-vikram-solar-to-invest-1-5-bn-in-new-us-factories","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/group-backed-by-vikram-solar-to-invest-1-5-bn-in-new-us-factories\/","title":{"rendered":"Group backed by Vikram Solar to invest $1.5 bn in new US factories"},"content":{"rendered":"<p>(Reuters) &#8211; A new venture backed by Indian solar panel maker Vikram Solar Ltd said on Thursday it will invest up to $1.5 billion in the US solar energy supply chain, beginning with a factory in Colorado next year.<\/p>\n<p>The newly formed company, VSK Energy LLC, aims to leverage India&#8217;s extensive solar manufacturing know-how in the US push to build a clean energy manufacturing sector to compete with China.<\/p>\n<p>The announcement is the latest by an overseas manufacturer seeking to capitalize on incentives in President Joe Biden&#8217;s landmark climate change law, the Inflation Reduction Act (IRA), to boost renewable energy production.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) &#8211; A new venture backed by Indian solar panel maker Vikram Solar Ltd said on Thursday it will invest up to $1.5 billion in the US solar energy supply chain, beginning with a factory in Colorado next year. The newly formed company, VSK Energy LLC, aims to leverage India&#8217;s extensive solar manufacturing know-how in the US push to build a clean energy manufacturing sector to compete with China. The announcement is the latest by an overseas manufacturer seeking to capitalize on incentives in President Joe Biden&#8217;s landmark climate change law, the Inflation Reduction Act (IRA), to boost renewable energy [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-586320","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/586320","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=586320"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/586320\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=586320"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=586320"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=586320"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}