Dow Corning and Hemlock Semiconductor are prominent suppliers of major solar materials and polysilicon that drive solar innovation. The common objective is to together, support and contribute to a growing solar industry.
The companies have made U.S. investments in the range of over $5 billion. Production, research and development capacity is being expanded for materials like polysilicon in order to help satisfy the increasing global demand. The funding has enabled the economy to once again create thousands of high-end jobs in economically affected states such as Tennessee and Michigan.
According to business analyses, it is anticipated that America’s solar industry will begin to grow considerably. The quantity of new solar wattage in the U.S. has been increasing more than 70% every year right from 2008. In the previous year alone, the solar industry paved the way for around 100,000 jobs, a growth of around 7%.
The solar industry is gradually maturing, hence the sharp fall in prices of solar panels have made solar energy cost-effective, offering considerable advantages for customers and at the same time, enabling the growth of photovoltaic projects at a large scale. These solar installations, from rooftops at homes to large-scale solar facilities, are benefiting both the environment and the economy.
It has become essential to use sustainable, increasing and environment-friendly energy sources. An increasing U.S. solar market is beneficial to all, for firms, distributors, installers, developers and customers.