SEMI report recommends US solar manufacturing expansion

March 14, 2012
San Jose, CA--The SEMI PV Group and the North American PV Advisory Council have authored and released a white paper, "Manufacturing Solar Photovoltaic Products in the U.S.," that contains specific policy recommendations to stimulate and support the growth of the US solar manufacturing industry.

San Jose, CA--The SEMI PV Group and the North American PV Advisory Council have authored and released a white paper, "Manufacturing Solar Photovoltaic Products in the U.S.," that contains specific policy recommendations to stimulate and support the growth of the US solar manufacturing industry.

The global solar industry is worth approximately $80 billion right now, with the potential to grow to a trillion dollars in revenues and create as many as 10 million jobs worldwide in the coming years. What's more, the number of jobs that will reside in the US will depend on responsible, sustained public policies and government programs that support manufacturing and technology development, according to the SEMI white paper.

"Despite a significant contraction in the global PV market this year, solar is at the beginning of long-term growth cycle and will be a major contributor to energy independence and help the U.S. to break from its reliance on fossil fuels," says Bettina Weiss, executive director, SEMI Photovoltaics Business Unit. "However, in order to achieve this, we must implement policies that work in support of a balanced demand and supply relationship within the solar industry and other renewable energy industries as well," she says.

To download the report and see its specific recommendations, please visit www.pvgroup.org/node/2046.

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