US solar factory outlook hit by supply, demand
A dependence on components from Asia, import tariff
New analysis released today by the Solar Energy Industries Association (SEIA) warns that the bill, if enacted without changes, could result in nearly 300,000 current and future American jobs to be lost, including 86,000 in solar manufacturing.
Since then, tens of billions of dollars have poured into solar factories that are operating or under development, according to the Solar Energy Industries Association, or SEIA, which advocates on behalf of the field. Once those factories are all finished, the facilities could create close to 60,000 manufacturing jobs, the trade group has said.
Solar manufacturing is booming. Advocates say it could go bust without incentives An employee works on a solar panel inside a Qcells factory in Dalton, Ga. A couple of years ago, Mick McDaniel started a company in Indianapolis to make solar panels in the United States.
But Trump himself tried to boost U.S. solar manufacturing during his first term. In 2018, Trump approved tariffs on imported solar cells and panels after the U.S. International Trade Commission found that a flood of imports hurt American companies.
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