Biden Administration Investing $82m in the U.S. Solar Manufacturing Sector

The United States Department of Energy (DOE) will be investing $52 million in 19 select clean energy projects, the Biden Administration announced April 20. An additional $30 million will be used specifically to fund technologies that help integrate solar power into America’s clean energy grid.

The DOE said the investment will be used to strengthen the United States’ domestic solar supply chain, enhancing domestic solar manufacturing efforts, supporting the recycling of solar panels, and improving American-made solar technologies. The administration also aims to use the money to promote the adoption of cheaper and more efficient solar cells, as well as technologies that can assist in the diversification of the U.S. solar supply chain.

“President Biden’s Investing in America agenda is fueling a clean energy revolution right here at home with game-changing incentives for manufacturing and deployment,” said U.S. Secretary of Energy Jennifer M. Granholm. “DOE is seizing that momentum by making some of our largest ever investments in research to strengthen our domestic solar supply chain—creating good-paying jobs and boosting economic opportunities in communities across America in the process.”  

The Biden Administration is attempting to create a 100% clean electricity grid in the U.S. by 2035, with net-zero carbon emissions by 2050. Since taking office, the Biden Administration has pledged over $5 billion in investments in the United States’ private solar manufacturing sector.

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• Source: https://www.supplychainbrain.com/articles/37086-biden-administration-investing-82mn-into-the-us-solar-manufacturing-sector