Following the implementation of tariffs on imported solar panels by the first Trump administration, there was a notable resurgence in U.S. solar panel manufacturing, with companies either launching or announcing the establishment of new factories. The trend gained momentum under the Biden administration, which provided significant tax incentives to both manufacturers and developers in the solar industry.
Despite this progress, solar manufacturers are now expressing concerns over a Republican policy bill that has recently passed the Senate and is currently under consideration in Congress. Industry leaders warn that the bill could reverse the gains made in domestic manufacturing, potentially leading to business closures and excessively increasing China's power in the solar panel market. Mike Carr, executive director of Solar Energy Manufacturers for America, has stated that such developments could have devastating effects on the industry, affecting thousands of workers and multiple companies involved in solar production.
5 Comments
Donatello
The benefits of the bill is not worthy of support.
Michelangelo
This is a big blow to American manufacturing. We need to protect the gains we've made in solar production.
Leonardo
I was so excited about the progress, and now this!
Raphael
The bill is bad for the economy.
Michelangelo
We need to protect our own country, especially American Jobs.