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A $6 billion bet on US-made solar panels is about to get a boost as Congress looks to take on China

1 month ago   |   By Business Insider

Solar projects are expected to grow at a rapid clip if Congress passes the Inflation Reduction Act. Andrew Merry/Getty Images
AES Corp. and three other clean energy developers want to spend $6 billion on US-made solar panels.
Congress is about to pass big tax breaks for US solar, wind, and battery manufacturing.
It will be years before domestic supply chains scale up to rival China.
A $6 billion bet on US solar manufacturing that seemed risky less than two months ago suddenly seems prescient. Congress is on the cusp of enacting a major new industrial policy that includes tens of billions...
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