The US photo voltaic manufacturing business simply hit a historic milestone: Home photo voltaic module manufacturing capability has surpassed 50 gigawatts (GW). If all these factories ran at full capability, they may produce sufficient modules to satisfy the nation’s whole photo voltaic demand.
This achievement alerts a shift within the US photo voltaic business, which has traditionally trusted imports for key parts.
In line with the Photo voltaic Power Industries Affiliation’s (SEIA) Provide Chain Dashboard, corporations have introduced plans for 56 GW of latest photo voltaic cell manufacturing within the US, 24 GW of wafer manufacturing, and 13 GW of ingots. In the meantime, home photo voltaic tracker manufacturing capability has now topped 80 GW.
SEIA president and CEO Abigail Ross Hopper mentioned:
Reaching 50 GW of home photo voltaic manufacturing capability is a testomony to what we will obtain with sensible, business-friendly public insurance policies in place.
The US is now the third-largest module producer on this planet due to these coverage actions.
This milestone marks progress for the photo voltaic business and reinforces the important function vitality insurance policies play in build up the home manufacturing business that American staff and their households depend on.
SEIA first set a purpose in 2020 to succeed in 50 GW of US photo voltaic module manufacturing capability by 2030 – sufficient energy output to match 27 Hoover Dams. That purpose spans your entire photo voltaic provide chain, from modules and cells to ingots, wafers, polysilicon, trackers, and inverters.
On the time, the US had solely 7 GW of home module manufacturing and no manufacturing for essential upstream parts like ingots and wafers. Quick ahead to at present, and the business appears loads completely different. Two new US photo voltaic cell factories – one in Georgia and one other in South Carolina – have already come on-line prior to now few months, serving to to fill within the gaps.
SEIA’s technique has targeted on constructing out home module manufacturing first to create demand for upstream parts. Because of coverage incentives that SEIA helped advocate for such because the superior manufacturing manufacturing tax credit score, corporations are actually investing in each a part of the photo voltaic provide chain.
One other win got here when SEIA pushed for photo voltaic ingot and wafer manufacturing to qualify for a 25% funding tax credit score beneath the CHIPS and Science Act of 2022. That transfer helps construct out the US photo voltaic provide chain even additional. For the reason that passage of key federal vitality insurance policies, US photo voltaic module manufacturing has grown five-fold.
Learn extra: The US’s largest photo voltaic cell manufacturing unit is now on-line in South Carolina
When you stay in an space that has frequent pure catastrophe occasions, and are enthusiastic about making your property extra resilient to energy outages, think about going photo voltaic and including a battery storage system. To be sure you discover a trusted, dependable photo voltaic installer close to you that provides aggressive pricing, take a look at EnergySage, a free service that makes it simple so that you can go photo voltaic. They’ve a whole bunch of pre-vetted photo voltaic installers competing for your corporation, guaranteeing you get top quality options and save 20-30% in comparison with going it alone. Plus, it’s free to make use of and also you received’t get gross sales calls till you choose an installer and share your telephone quantity with them.
Your customized photo voltaic quotes are simple to match on-line and also you’ll get entry to unbiased Power Advisers that can assist you each step of the way in which. Get began right here. –trusted affiliate hyperlink*
FTC: We use revenue incomes auto affiliate hyperlinks. Extra.
