Published: July 25th, 2023,
Last updated: July 25th, 2023
The US subsidy through the Inflation Reduction Act (IRA) is showing its first effects in the solar industry. Swiss cell manufacturer Meyer Burger will divert production machinery from Bitterfeld-Wolfen to the US. „The equipment will now be installed at the Colorado Springs site in order to meet the planned completion date of the cell factory in 2024“, the company announced on Monday. In June, Europe’s only solar cell manufacturer already threatened to move its production to the US because of the IRA.