Help Save the Solar Industry
Congress Should Act Fast to Save the Solar Industry
Opinion Article by Rob Kornahrens, Found and CEO of Advanced Green Technologies
COVID-19 has hit the solar industry hard. With 250,000 American employees and $19 billion in annual infrastructure investments, the U.S. solar industry has enjoyed extraordinary growth over the past several years. However, with a plummeting economy and industry job figures, the COVID-19 crisis is threatening these solar jobs and critically important investments.
Issues from supply chain delays to tightening tax equity markets could lead to a loss of nearly half of the solar industry workforce in the United States over the coming months. Projections have industry losses down by 38% relative to forecasts.