US-made wind and solar components are now cheaper than imports

For the first time in US history, US-made wind and solar components are now cheaper than imports, according to a new study.

Dartmouth and Princeton researchers just released a study called, “Effects of Renewable Energy Provisions of the Inflation Reduction Act on Technology Costs, Materials Demand, and Labor” that was funded by the BlueGreen Alliance, which unites labor unions and environmental organizations.

The report examines the estimated impacts the Inflation Reduction Act will have on the US wind and solar industries. Specifically, the report analyzes the impacts of the Inflation Reduction Act’s 45X Advanced Manufacturing Production Tax Credit (45X MPTC), as well as the clean electricity production and investment tax credits.

Click here to read the full article
Source: electrek

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