“Despite the generous tax breaks they are receiving from the Biden administration, many US companies planning to build solar factories can expect to suffer severely or fail altogether, according to an analysis by BloombergNEF.”
[COMMENTARY] Superficially, with the recent subsidies, the new US plants might seem competitive. However, their costs for materials, labour, etc., are likely to continue over what Chinese solar manufacturers pay! Thus, over time making the US plants uncompetitive without significant tariffs.
Solar Power Is Poised for Crisis in US Despite Federal Subsidies, by Cailley LaPara, July 24, 2023, Bloomberg News, USA.