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U.S. power producers in $6 billion plan to boost solar supply chain

Reuters · last updated

June 21 (Reuters) — A group of U.S. power producers on Tuesday have formed a consortium to spend about $6 billion to support expansion of the domestic solar supply chain. 

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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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