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Solar Developers Pledge $6 Billion to Boost US Manufacturing [Business News Network (BNN) (Canada)]

The AES Corporation (AES) 
Last the aes corporation earnings: 2/28 06:00 am Check Earnings Report
The group, which includes AES Corp. and Clearway Energy Group, is seeking manufacturers that will be able to supply as much as 7 gigawatts of solar modules annually starting in 2024, according to a statement Tuesday. The new initiative is a sign that longstanding market trends may shift. The vast majority of solar panels installed in the US are imported from Asia, but several trade disputes have roiled the industry, complicating development plans for many installers. Read: White House meets with solar firms in bid to boost manufacturing A key reason why many solar manufacturers don't make panels in the US: little certainty that they'll be able to sell modules at a premium for at least five years, according to Jenny Chase, lead solar analyst at BloombergNEF. “The devil will be in the price and the detail: ultimately the products will presumably still have to be good quality and not priced too much higher than modules made in the current integrated manufacturing hubs in China and Show less Read more
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