Internationally, solar energy is in high demand. Many nations are beginning to transition away from fossil fuels to create greener societies knowing that climate change is an immediate threat to our future on earth. Because of this high demand, China currently dominates the solar manufacturing industry. U.S. Senator Jon Ossoff (D-GA) is looking to change this by introducing the Solar Energy Manufacturing for America Act.
This bill will increase America's domestic solar manufacturing, aid in America’s energy independence, help transition to renewable energy, and create thousands of green collar jobs. The Solar Energy Manufacturing for America Act also provides tax credits for American manufacturers at each stage of the solar manufacturing process. Meaning, American solar manufactures will get tax credits for their production of solar cells, polysilicon, and fully assembled solar modules. The credits will be available until 2028 with a two-year phase-down period after.
President and CEO of the Solar Energy Industries Association (SEIA), Abigail Ross Hopper, strongly supports the bill and acknowledges its importance for increasing domestic manufacturing of solar products in America. Hopper brings forth a goal “..of 50 gigawatts of annual domestic solar production capacity by 2030, including polysilicon, wafers, cells and modules, racking and trackers and inverters.”
The bill is encouraged by LG Electronics USA, Q-CELLS America, and Silfab Solar; to name a few. The Solar Energy Manufacturing for America Act gives promise to a greener future for states with renewable energy independence, well-paying jobs, and by bringing solar manufacturing to America.
Solar Energy Manufacturing for America Act: https://www.ossoff.senate.gov/wp-content/uploads/2021/06/21.06.21_SEMA.pdf
“It is time to seize the promise of American solar manufacturing”
- Abigail Ross Hopper