Climate bill defeat a blow to U.S. solar production, First Solar CEO says

Malaysia News News

Climate bill defeat a blow to U.S. solar production, First Solar CEO says
Malaysia Latest News,Malaysia Headlines
  • 📰 ReutersScience
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

The collapse last week of legislation that includes subsidies for domestic solar panel output is a blow to nascent efforts to wean the solar industry off major reliance on China, the chief executive of the largest U.S. solar panel producer said on Monday.

"Where we sit now there is no policy, there's no direction, there's no indication for anyone to invest here in the U.S. for solar manufacturing."The lack of a domestic supply chain for solar panels, a fast-growing industry that is key to achieving President Joe Biden's climate change goals, is a growing problem for the industry.

First Solar won't build its next plant in the United States, Widmar said, calling the Biden administration's efforts to boost solar manufacturing insufficient. "Instead you see the opposite," Widmar added, pointing to the closure this year of LG's solar factory in Alabama.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

ReutersScience /  🏆 559. in US

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Space tourism is looking for liftoff in ChinaSpace tourism is looking for liftoff in ChinaA launch startup and a tourism group in China are jointly exploring the market for space tourism.
Read more »

How China–US collaborations still happen, despite politicsHow China–US collaborations still happen, despite politicsMisguided anti-espionage moves by the United States caused damage; the government should turn to researchers for recovery.
Read more »

China warns of 'forceful measures' if U.S. House Speaker Pelosi visits TaiwanChina warns of 'forceful measures' if U.S. House Speaker Pelosi visits TaiwanBEIJING (Reuters) -China's government warned on Tuesday it would take 'forceful measures' if U.S. House of Representatives Speaker Nancy Pelosi visited Taiwan, after the Financial Times said https://on.ft.com/3B0jKgc she would go to the Chinese-claimed island next month. Pelosi and her delegation will also visit Indonesia, Japan, Malaysia and Singapore, and spend time in Hawaii at the headquarters of U.S. Indo-Pacific command, the paper added, citing people familiar with the matter. Her office and the U.S. State Department did not immediately respond to a Reuters request for comment.
Read more »

Tourists stuck in China resort city after Covid lockdownTourists stuck in China resort city after Covid lockdownConcerns are growing about the impact of China's 'zero-Covid' policy on its economy.
Read more »

Janet Yellen pushes to diversify global trade away from 'unfair' ChinaJanet Yellen pushes to diversify global trade away from 'unfair' China'We cannot allow countries like China to use their market position in key raw materials, technologies, or products to disrupt our economy.'
Read more »

TikTok owner ByteDance explores self-designed chips as China aims for semiconductor self-sufficiencyTikTok owner ByteDance explores self-designed chips as China aims for semiconductor self-sufficiencyByteDance's semiconductor push highlights a focus from firms to create chips for specific purposes as well as China's desire to become stronger in this tech.
Read more »



Render Time: 2025-03-01 12:50:31