💨 Abstract

Technology company Corning, in collaboration with solar manufacturers Suniva and Heliene, plans to produce the first solar panel made entirely from American-made components. This alliance is a significant step towards creating a U.S. solar manufacturing sector competitive with China. The new module, with up to 66% domestic content, will qualify for a bonus 10% tax credit in addition to the base 30% Inflation Reduction Act tax credit for clean energy projects.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖