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Biden Doubles Down on Support for US Solar Manufacturing - RTO Insider

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Biden Doubles Down on Support for US Solar Manufacturing
Biden Doubles Down on Support for US Solar Manufacturing

Treasury Guidelines Aim to Help Companies Meet IRA’s Domestic Content Provisions

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May 19, 2024 |

The administration’s focus on growing a healthy, competitive solar supply chain combines Biden’s drive to stimulate private investment in clean tech manufacturing and jobs and bipartisan concerns about Chinese trade practices.

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Related Knowledge Center: ENERGY BASICS: solar

State of Play

Declining costs and government encouragement have resulted in a rapid increase in solar energy production in the United States over the past 10 years, although solar’s share remains small: 1.6 percent of all electricity generation in 2018. That rapid growth is projected to continue.

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