WASHINGTON—Solar, wind and other types of clean energy manufacturing has become an important part of the U.S. industrial economy, according to the American Clean Power Association.
Volvo Cars has been producing gas-powered vehicles in Ridgeville, SC, since 2018. Now, the factory is assembling two new electric SUVs: the Volvo EX90 and the Polestar 3.
The growth is being driven by a U.S. policy push to boost domestic clean-energy manufacturing, by global supply chain risk, and by the total cost of ownership (TCO) equation.
ALBUQUERQUE—Singapore-based Maxeon Solar Technologies Ltd. is investing more than $1 billion to build a new 3-gigawatt (GW) solar panel assembly plant here, its first expansion into the United States.
TEMPE, AZ—First Solar Inc. is investing up to $1.1 billion to construct its fifth manufacturing facility in the USA, further expanding America’s capacity to produce its own photovoltaic (PV) solar modules.
WASHINGTON—The U.S. Department of Energy (DOE) is partnering with the U.S. Department of the Treasury and the Internal Revenue Service (IRS) to provide $10 billion in funding through the Qualifying Advanced Energy Project Credit (48C). The notice released June 5 allocates up to $4 billion to accelerate domestic clean energy manufacturing and ensure no community is left behind in the transition to clean energy technologies.