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Home News Opportunity has arrived!The Inflation Reduction Act will bring more investment to the U.S. PV manufacturing industry

Opportunity has arrived!The Inflation Reduction Act will bring more investment to the U.S. PV manufacturing industry

  • Jan 12, 2023

PV manufacturers said that the passage of the Inflation Reduction Act has opened a new door for the U.S. PV modules manufacturers,which will help encourage more PV modules manufacturers to invest in the U.S.


There is no doubt that the Inflation Reduction Act is economically attractive to PV manufacturers,and open a door to unprecedented opportunities.

For PV modules manufacturers,this law includes tax preference for domestically manufactured products, increase the investment tax credit for photovoltaic projects using domestic products (from 30% to 40%),and production tax credit related to specific products.But the real benefit is that it extends the time frame,with the law extends the credits and incentives for 10 years,bringing greater certainty for PV modules manufacturing investment for the first time.


To know more information about new energy, please contact SUNERISE Energy right now.As solar panel manufacturer and the provider of the solar solutions,we can answer all your questions about new energy and photovoltaic based on our 13 year professional experience.Our e-mail address: info@sunerise.com

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