A Solar Energy Manufacturer That's Staying Here
TheAtlantic.com blogger Derek Thompson tells the story of a Georgia-based solar technology company that has opted to stay in the United States instead of moving production to China, like other green energy manufacturers.
Suniva manufactures high-efficiency solar cells, winning an award in 2010 from the U.S. Export-Import Bank for an incredible deal struck with India. In addition to this accomplishment, the company created jobs in 2010, doubling its size and now operating with 170 employees.
One of the reasons for remaining on American soil Suniva Chief Marketing Officer J. Bryan Ashley says is because the company has a unique relationship with a solar energy research program at Georgia Tech which is supported by the Department of Energy.
Thompson writes that Ashley is concerned about financing policies to help new industries in research and innovation and calls for a "renewable energy standard to create a market in the United States" saying that "More people would manufacturing [solar products] if demand was here."
Ashley's advice for the government?
- Implement an extended manufacturing tax credit for solar
- Create a national "green bank" to providing financing for new clean tech companies
- Implement corporate tax eform to encourage firms to do business here
It is absolutely critical that United States keep our rapidly waning edge on clean tech and green energy manufacturing in order to compete on a global scale.
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