The US has ramped up its solar module production capacity from 15.6 gigawatts in the previous quarter to 26.6 gigawatts in the first quarter of 2024. Once these factories are fully operational, they can meet about 70 percent of domestic demand, according to a recent report by the Solar Energy Industries Association (SEIA). The American solar industry is receiving substantial support from the Inflation Reduction Act, which provides billions in tax incentives.