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12.18.2010

Solar= Hot Spot for U.S. Exports- Creates JOBS


Another study released this week shows that solar jobs in the U.S. are responsible for some very positive export news.

The report, U.S. Solar Energy Trade Assessment 2010, has been published by the Solar Energy Industries Association (SEIA) and GTM Research. It finds that the U.S. is a major solar exporter, with net exports of solar energy products totaling $723 million in 2009.

Net exports of polysilicon for PV use came to $1.055 billion, of PV wafers $24 million, and of solar hot water products $5 million. The U.S. was, however, a net importer in 2009 of PV modules ($232 million), PV cells ($4 million), PV inverters ($121 million), and concentrated solar products ($4 million). The net effect was $723 million in the export column.

Rhone Resch, President and CEO of SEIA commented: "Solar is a global industry. The U.S. imports and exports products from every continent. But in addition to being a major net exporter of solar energy products, the industry is creating significant wealth in the United States and jobs in all 50 states. We are seeing investments in U.S. manufacturing in areas of the country hit hard by the recession - Tennessee, Michigan, Ohio and others. But we're concerned that there is a lack of stable, long-term federal policies in the U.S. amidst an increasingly competitive global marketplace. Even modest federal policies like expanding the Section 48c manufacturing tax credit can help the U.S. solar industry remain one of the few sectors of our economy that is a net exporter, while creating tens of thousands of jobs".

You can read a fact sheet on the SEIA/GTM report here.

You can read the full report here.



--
Scott's Contracting
scottscontracting@gmail.com
http://www.stlouisrenewableenergy.blogspot.com
http://www.scottscontracting.wordpress.com

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