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Final Up to date on: seventh February 2025, 10:32 pm
Historic milestone marks progress in direction of SEIA’s purpose to attain 50 GW of home manufacturing throughout the photo voltaic provide chain by 2030
WASHINGTON D.C. — The US has reached a historic manufacturing milestone, surpassing 50 gigawatts (GW) of home photo voltaic module manufacturing capability. At full capability, these factories can produce sufficient to satisfy all demand for photo voltaic in the US.
This achievement is a important step towards constructing a U.S.-based photo voltaic provide chain that ends our reliance on international adversaries and helps American staff.
In line with the Photo voltaic Power Industries Affiliation’s (SEIA) Supply Chain Dashboardcorporations have introduced plans for 56 GW of latest U.S. photo voltaic cell manufacturing, in addition to 24 GW of wafers and 13 GW of ingots. Photo voltaic tracker manufacturing capability now exceeds 80 GW.
“Reaching 50 GW of domestic solar manufacturing capacity is a testament to what we can achieve with smart, business-friendly public policies in place,” mentioned SEIA president and CEO Abigail Ross Hopper. “The U.S. is now the third largest module producer in the world because of these policy actions. This milestone not only marks progress for the solar industry but reinforces the essential role energy policies play in building up the domestic manufacturing industry that American workers and their families rely on.”
In 2020, SEIA set a goal for 50 GW of U.S. photo voltaic manufacturing capability by 2030, equal to the facility output from 27 Hoover Dams. This daring goal focuses on all ranges of the photo voltaic provide chain, together with modules, cells, ingots and wafers, polysilicon, trackers, and inverters.
On the time, there was solely 7 GW of home module manufacturing capability, 41 metric tons of polysilicon manufacturing capability, and a few inverter and racking manufacturing. There was no home manufacturing of different key upstream inputs.
SEIA’s 50 GW manufacturing purpose emphasizes the significance of sequencing the build-out of a home photo voltaic provide chain. Establishing manufacturing of downstream parts like modules ensures there may be adequate demand for upstream manufacturing. Because of this strategic sequencing, two home photo voltaic cell factories have come on-line in Georgia and South Carolina in the previous few months.
In setting the unique manufacturing purpose, SEIA outlined important insurance policies to incentivize U.S. photo voltaic manufacturing investments, lots of which had been carried out attributable to SEIA’s advocacy, together with the superior manufacturing manufacturing tax credit score, in addition to incentives for photo voltaic tasks that use merchandise made in the US.
Additional supporting the buildout of the business, SEIA successfully advocated for photo voltaic ingot and wafer manufacturing to qualify for a 25% funding tax credit score beneath the CHIPS and Science Act of 2022 (CHIPS).
Photo voltaic module manufacturing has grown five-fold after the passage of important federal vitality insurance policies. In consequence, the US is now the threerd largest photo voltaic module producer on this planet.
Learn more in regards to the surging American photo voltaic manufacturing sector.
About SEIA®: The Photo voltaic Power Industries Affiliation® (SEIA) is main the transformation to a clear vitality economic system, creating the framework for photo voltaic to attain 30% of U.S. electrical energy technology by 2030. SEIA works with its 1,000 member corporations and different strategic companions to struggle for insurance policies that create jobs in each group and form truthful market guidelines that promote competitors and the expansion of dependable, low-cost solar energy. Based in 1974, SEIA is the nationwide commerce affiliation for the photo voltaic and photo voltaic + storage industries, constructing a complete imaginative and prescient for the Photo voltaic+ Decade by means of analysis, training and advocacy. Go to SEIA on-line at www.seia.org and observe @SEIA on Twitter, LinkedIn and Instagram.
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