Interestinghttps://www.bloomberg.com/news/articles/2022-08-30/first-solar-spending-1-2-billion-on-us-plants-after-climate-law?
“First Solar’s plan to build a 3.5-gigawatt manufacturing facility in the US and expand production at existing sites in Ohio could boost sales by a double-digit pace in 2025-26, with potential upside revisions to consensus. The decision appears to be motivated by the Inflation Reduction Act, signed into law by President Joe Biden on Aug. 16, which provides new incentives for domestic clean-energy manufacturing.”
- Rob Barnett, BI senior analyst