"U.S. Company Challenges China in Solar Panel Manufacturing Amid Green Trade War"

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Source: The New York Times
"U.S. Company Challenges China in Solar Panel Manufacturing Amid Green Trade War"
Photo: The New York Times
TL;DR Summary

First Solar, a company based in Perrysburg, Ohio, has managed to sustain solar panel manufacturing in the United States while most of the industry moved to China. President Biden's efforts to establish a large domestic green energy industry have authorized federal incentives for manufacturing solar panels, wind turbines, batteries, electric cars, and semiconductors. However, the viability of these investments remains uncertain due to China's dominance in industries like battery and solar panel manufacturing. First Solar's survival can be attributed to its panels not using polysilicon, a material mostly made in China. While some argue that importing panels from low-cost producers would be more cost-effective, others emphasize the importance of domestic production to reduce dependence on China and ensure a secure supply of panels. The world will need a significant increase in solar panel capacity to combat climate change, and First Solar's CEO is confident in the company's ability to expand U.S. production.

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