Sunday, September 8, 2024

Biden administration awards First Solar $21 million to assist supercharge photo voltaic provide chain

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TOLEDO, Ohio (WTVG) – Northwest Ohio is cashing in on one other federal funding in photo voltaic applied sciences.

The US Department of Energy introduced on Thursday that it’s offering $71 million to fund 18 initiatives throughout the nation to assist strengthen the US photo voltaic vitality provide chain.

Perrysburg-based First Solar is the recipient of two grants from the federal authorities totaling $21 million. The firm will use the cash to scale up initiatives centered on remodeling photo voltaic manufacturing, DOE officers stated.

The Biden administration says the transfer helps the US and First Solar, which has the biggest photo voltaic manufacturing footprint within the western hemisphere, grow to be extra aggressive on the world stage.

“Nobody can beat us if it is a stage enjoying subject,” stated DOE Deputy Secretary David Turk. “We wish to have a stage enjoying subject and we wish to permit firms like First Solar to not solely compete, however to win.”

Turk stated that China had beforehand despatched an aggressive plan to regulate the photo voltaic vitality provide chain. He stated the Biden administration is engaged on a proactive technique to assist the US construct its manufacturing capability within the clear vitality business.

“In Ohio and throughout the nation, this president has made it very clear, we’re going to compete and we’re going to win,” Turk stated. “I’m very assured with the sorts of bulletins we’re making now, with continued efforts on daily basis, we are going to win. But it requires vitality to construct. We have the momentum to maintain that momentum going and preserve it going. “

Watch the total interview with the deputy secretary within the video participant above and study extra about right this moment’s funding announcement right here.

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