Everyone wants to start a solar panel factory in the United States

The U.S. solar manufacturing industry, which today can supply fewer than 8 GW of assembled modules if each facility is pumping at full volume, could almost double within two years — if every company that claimed in 2021 it was starting a new factory follows through.

Fueling the Gold Rush-like dash to the module-thirsty U.S. region (with annual demand over 30 GW, the country is desperate for untariffed, domestic modules) is the Solar Energy Manufacturing for America (SEMA) Act, as included in the Build Back Better Act (BBB). Even though the Act has not yet passed, just the hint of manufacturing support led companies to announce their plans to make solar panels in the United States. The suggested federal legislation would provide tax credits to American manufacturers at every stage of the solar panel manufacturing supply chain, from production of polysilicon to solar cells to fully assembled solar modules.

Click here to view the original article from Solar Power World.