US Solar Industry Divided Over Biden's Tax Credits and Domestic Content Guidelines.

US-based solar product manufacturers criticize the Biden administration's new tax credit rules, saying they do not go far enough to lure manufacturing back from China. The rules offer a 10% additional tax credit for facilities assembling solar panels in the US, even if they import the silicon wafers used to make those panels from foreign countries. Critics say the new rules would not give companies incentives to move the solar supply chain out of China, which produces 97% of the world's solar wafers, giving them substantial control over both polysilicon and cell production.