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Solar Manufacturing Capex in the USA Exploded from $150 Million in 2020 to $2.5 Billion in 2026
In another example of how much US solar manufacturing has gone from small potatoes to a giant industry since Joe Biden took office in 2021, here’s a whopper of a stat: solar manufacturing capex in the USA has exploded from $150 million in…
Summary
In another example of how much US solar manufacturing has gone from small potatoes to a giant industry since Joe Biden took office in 2021, here’s a whopper of a stat: solar manufacturing capex in the USA has exploded from $150 million in 2020 to an estimated $2.5 billion in 2026. Much of that is thanks to the Inflation Reduction Act of 2020, which stimulated the biggest new investment in US manufacturing ever, and much of it focused on cleantech industries like the solar industry.
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