Despite a sharp reversal in federal energy policy last year, the US solar industry is still pulling in investors, particularly on the manufacturing side. The driving force, according to a recent report, is soaring demand for electricity, which is making solar manufacturing an attractive bet even in a less supportive policy environment.
The investment activity is not confined to traditionally progressive regions. The report highlights a 'red state revolution,' with manufacturing projects gaining traction in conservative states where economic benefits often outweigh political divides. This suggests that the industry's momentum is now rooted in market fundamentals rather than federal incentives alone.
While the source does not provide specific figures or compare investment levels before and after the policy change, it clearly indicates that investor confidence remains robust. The main takeaway is that electricity demand, not just policy, is now a significant driver of solar manufacturing growth in the US.