Company Solar Support News Release

Is China making a comeback on solar?

Recently, as solar manufacturing has made a comeback in the U.S. thanks to President Biden’s leadership, China has further ramped up solar overcapacity, dumping artificially cheap modules and components onto the global market and circumventing trade enforcement measures in an attempt to put other countries’ manufacturers out of business.

What will the US government do if imported solar panels exceed quota?

The Administration will closely monitor the level of imported solar cells used to manufacture panels in the U.S. and will work to raise the quota by 7.5-gigawatts if imports approach the current quota level, to ensure domestic module manufacturing continues to grow while manufacturers scale production throughout the supply chain.

How much has Biden invested in solar?

Since President Biden took office, companies have announced more than $17 billion and 335 gigawatts of manufacturing investment throughout the solar supply chain, with enough announced investment in solar modules to power 18 million homes.

How does solar for all help low-income and disadvantaged communities?

Residential solar cuts home energy bills and provides families with resilient and secure power, and Solar for All will help low-income and disadvantaged communities experience these meaningful benefits, such as guaranteeing a minimum 20% total electricity bill savings for households benefiting from the program.

Why are solar panels becoming more popular in the United States?

Through the President’s Inflation Reduction Act, incentives for manufacturing and deployment of clean energy, including incentives for domestically-manufactured solar products, have driven a historic surge in solar installations and announcements of new U.S. solar module and component manufacturing.

What is the Solar for all program?

The Solar for All program advances President Biden’s Justice40 Initiative, which aims to ensure that 40% of the overall benefits of certain Federal investments flow to disadvantaged communities that are marginalized, underserved, and overburdened by pollution.