Abundance of steel in the US and Europe could de-risk the supply chain of solar module frames, says Origami Solar – EQ
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In Short : Origami Solar suggests that the abundance of steel in the US and Europe could de-risk the supply chain of solar module frames. Utilizing steel for solar module frames offers benefits such as reduced production costs, availability of materials in local markets, and enhanced supply chain resilience. This approach aligns with the solar industry’s quest for sustainable and resilient solutions, reflecting a strategic move towards localization and resource optimization in solar energy infrastructure.
In Detail : When US president Joe Biden signed the Inflation Reduction Act (IRA) in August 2022, the aim of that bill – for the renewables industry – was to build a domestic manufacturing industry and reduce the US’ reliance on foreign products.
If tax credits for polysilicon, wafers, cells and modules were part of the 45X Advanced Manufacturing Production Credit, a key component of a module was not part of the list: steel frames.
