Davor Sutija, CEO at NexWafe, writes that reshoring the critical manufacturing steps in the solar supply chain intersects with environmental considerations. Image: NexWafe.
A key policy initiative of the Biden administration, through the Inflation Reduction Act (IRA), is to accelerate the deployment of renewable energy while incentivising manufacturers to reshore the key elements of the solar supply chain from polysilicon production to solar module assembly.
The IRA has turbocharged US solar deployment with installations climbing to 33GW in 2023, a 55% increase over 2022, and forecast to grow significantly in 2024 and beyond. However, in 2023, a significant proportion of this demand was fulfilled by crystalline silicon (c-Si) module imports from Southeast Asia (SEA), which hit record levels in Q3/2023.
(The above content is reproduced from pv-tech，By Davor Sutija）
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