Are Chinese companies getting subsidies to build solar panels in the US?

She spoke with “Marketplace” host Amy Scott about her story on Chinese companies receiving subsidies to set up factories in the U.S. and what it means for the domestic solar industry. Amy Scott: China has long dominated the solar panel business, but they’re starting to build factories here in the U.S.

Will foreign solar companies be subsidized by the inflation reduction act?

As part of the Inflation Reduction Act, the federal government plans to subsidize green energy initiatives, including the construction of new domestic solar panel factories. But some of that funding will likely end up in the hands of foreign solar companies — particularly Chinese companies. Some in the U.S. have raised objections to that.

Can Manufacturers claim a tax credit for solar panels & batteries?

REUTERS/Megan Varner/File Photo (Reuters) -The U.S. Treasury on Thursday unveiled proposed guidelines for manufacturers seeking to claim a tax credit for making clean-energy components like solar panels and batteries, which is aimed at powering the energy transition with American-made products.

Should solar companies get a solar energy credit?

Reaction from industries was mixed. The solar industry trade group, Solar Energy Industries Association (SEIA), praised Treasury for allowing companies with contracted manufacturers to qualify for the credit and for offering incentives for optimizers, which help get more energy from solar panels.

Can public lands be used for solar energy?

Developing solar energy on America’s public lands. In April, the Department of the Interior finalized regulations that will ensure America’s public lands play a vital role in the clean energy economy by lowering the cost of developing solar and wind projects and improving permitting application processes for renewable energy projects.

How many EPA selectees will be able to deliver solar?

EPA announces 60 selectees under Greenhouse Gas Reduction Fund grant competition to deliver solar to more than 900,000 low-income and disadvantaged households nationwide through the President’s Investing in America agenda Contact: EPA Press Office ( [email protected])