Utility Dive•about 1 month ago
Solar manufacturing gains momentum in US, but shifting policies pose challenges
Key Takeaway
While U.S. solar manufacturing is gaining traction with new investments, policy instability remains a critical challenge that could impact the long-term supply and cost stability for developers and large power consumers.
AI Summary
- •U.S. solar manufacturing is experiencing significant growth and investment, indicating a push towards domestic production and supply chain resilience.
- •Despite current momentum, the industry faces substantial challenges from 'shifting policies,' which are hindering the full reshoring of solar manufacturing.
- •Increased domestic manufacturing could eventually stabilize supply chains and potentially impact long-term PPA pricing and project timelines for developers and large power consumers, though the industry still has a 'long way to go'.
Topics
financingiraoempolicysolar
Article Content
“You’ve seen pretty distinct growth and investment ... But we still have a long way to go as an industry in terms of reshoring,” said Scott Moskowitz, vice president of market strategy and public affairs at manufacturer Qcells.