American Solar Manufacturing Is Back, and It's Big

SEIA | Posted 12/26/2024

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Solar is a critical part of a strategy to make America energy independent, create jobs, and achieve energy dominance. The technology is straightforward: nuclear fusion in the sun releases photons that hurtle toward earth where they strike solar panels, excite electrons, and produce usable power.

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The United States is rapidly establishing itself as a formidable player in the solar manufacturing industry, with a significant increase in solar panel production capacity in recent years. From ranking 14th in the world in 2017, the U.S. has now surged ahead to the 3rd spot, overtaking major solar manufacturing countries like Malaysia, Thailand, and Turkey. The growth of American solar manufacturing is fueled by substantial investments in new factories across the country, particularly in the South, signaling a shift towards energy independence and job creation.

Furthermore, the success of the domestic solar manufacturing buildout extends beyond just solar panels, encompassing the production of essential components such as trackers, inverters, and racking. The development of a comprehensive and integrated domestic supply chain sets the U.S. apart from other countries, showcasing a promising future for the industry. With investments totaling $36 billion and the creation of over 44,000 manufacturing jobs in the last two years, the American solar manufacturing sector is poised to play a crucial role in advancing the nation's energy economy and meeting the increasing demand for clean energy.

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American Solar Manufacturing Is Back, and It's Big

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