Biden administration unveils new funding for domestic solar manufacturing

The Biden administration said it would pour $56 million into programs aimed at spurring domestic manufacturing of solar energy products.

The Biden administration on Thursday said it would pour $56 million into programs aimed at spurring domestic manufacturing of solar energy products as the U.S. seeks to move its clean energy sector away from a dependence on Chinese-made goods.

The new funding from the Department of Energy will support technologies that are alternatives to the silicon-based products that dominate the market and are primarily made in Asia.

The announcement comes a week after the International Energy Agency said nations must expand their own solar production to secure the supplies needed to meet climate change goals. Some 90% of U.S. solar panels are made overseas.

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Source: Reuters

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