Tag Archive for: solarindustry

After decades of mostly manufacturing in Asia, Canadian Solar is pivoting back to the US as it sees a real chance for solar industry revival.

Whenever you see a solar panel, most parts of it probably come from China. The US invented the technology and once dominated its production, but over the past two decades, government subsidies and low costs in China have led most of the solar manufacturing supply chain to be concentrated there. The country will soon be responsible for over 80% of solar manufacturing capacity around the world.

But the US government is trying to change that. Through high tariffs on imports and hefty domestic tax credits, it is trying to make the cost of manufacturing solar panels in the US competitive enough for companies to want to come back and set up factories. The International Energy Agency has forecast that by 2027, solar-generated energy will be the largest source of power capacity in the world, exceeding both natural gas and coal—making it a market that already attracts over $300 billion in investment every year.

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Source: MIT Technology Review

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Qcells' opened its first factory in 2019 and an even larger plant in phases since, what the company describes as the largest solar investment in American history.

A South Korean company has begun production at a huge new solar panel factory in Georgia even as industry leaders say surging Asian imports could dampen efforts to make more solar components in the United States.

Qcells, a unit of South Korea’s Hanwha Group, said Wednesday that it can now turn out enough solar panels to generate 5.1 gigawatts of power yearly at a two-factory complex in the northwest Georgia city of Dalton. That’s almost 40% of U.S. solar panel capacity, according to figures from the Solar Energy Industries Association.

Qcells’ opened its first factory in 2019 and an even larger plant in phases since, what the company describes as the largest solar investment in American history.

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Source: ABC News

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Four companies are joining the board of directors of the Solar Energy Industries Association (SEIA).

WASHINGTON, D.C. — Four companies, CEP Renewables, Kiewit Energy Group, Monarch Private Capital, and Moss & Associates, are joining the board of directors of the Solar Energy Industries Association (SEIA). Additionally, the association named Laura Stern, co-CEO of Nautilus Solar Energy, vice-chair of its executive committee.

SEIA’s board of directors now consists of more than 50 companies from across the solar value chain, including installers, developers, manufacturers, financiers and service providers. SEIA is the national trade association for the U.S. solar and storage industries.

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Source: Clean Technica

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