✉news EnvironmentEnergy first seen 8 h ago, last 2 min ago, peak #3
Most announced US solar factory expansions lack financing
Original: More than 70% of announced U.S. solar manufacturing expansion plans yet to be financed
An industry analysis finds that more than 70% of the U.S. solar manufacturing expansion projects announced in recent years have not yet secured financing. The finding raises questions about how many of the factories promised amid the clean energy boom will actually be built, with developers facing high costs, uncertain demand and reliance on federal tax incentives to attract investors.
Why now: It casts doubt on the scale of the U.S. solar manufacturing boom promised under recent clean energy incentives.
United Statessolar manufacturing industrypv magazine USA
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Evidence
- More than 70% of announced U.S. solar manufacturing expansion plans yet to be financed · pv magazine USA
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