US solar factories need more government support to succeed, report says
Energy,Solar Power,Government Funding,Clean Energy,Renewable Energy,China,Supply Chains
From the Center
AllSides Media Bias Rating: Center
March 20 (Reuters) - U.S. efforts to build a domestic supply chain for solar energy components is stalled and will require urgent government action to support the factories needed to compete with China, according to a report published on Wednesday.
The analysis by Guidehouse Insights, commissioned by the Solar Energy Manufacturers for America Coalition, said existing federal subsidies and trade policies are not enough to help U.S. producers succeed in the face of a global glut of solar equipment.
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