In-Sourcing the Production of America’s Energy Technology
$22 billion in stimulus money has been provided to promote renewable energy projects and re-train workers but amidst the frenzy, something has been missing in the public discussion. While the media has championed the use and installation of renewable energy technologies, little has been said about where those technologies are being manufactured. Not much attention is paid to the source of renewable energy equipment. One example is solar power. Perhaps not surprisingly, most solar panels are manufactured abroad; virtually none are manufactured in New York State. This presentation looks at whether this should be a cause for concern, what policymakers can do about it, and how to determine when offering incentives to renewable energy manufacturing companies is a good idea.
photovoltaic; renewable energy; solar panels; optics; Rochester; economic development