Solar panels from SunPower are installed on residential buildings at a model home display in the Eureka Grove neighborhood of Granite Bay, California, U.S., October 5, 2021. Picture taken with a drone. Picture taken October 5, 2021. REUTERS/Nathan Frandino/File PhotoNov 3 -
The domestic industry's souring outlook could hurt Biden’s climate agenda and hinder reelection efforts for a president who has hailed solar project plans as proof his clean energy policies can create millions of good-paying jobs. Mike Carr, executive director of the Solar Energy Manufacturers for America trade group, said factories could be delayed, extending U.S. dependence on China.
"It's almost like Dr. Jekyll and Mr. Hyde. The incentives to site and open up a U.S. factory are phenomenal," Lynch said. "But if pricing is going to continue to go down, if the continued gamesmanship on the trade is going to continue, they can' t justify it."