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Now, at Qcells, a solar panel company, robots patrol acres of shop floor where delicate solar cells are packaged, laminated and boxed into sophisticated panels — 6,000 a day — in a highly automated production line. Both plants will employ thousands of people, underwritten by President Biden’s signature clean energy initiative, the Inflation Reduction Act. “We’re advancing and keeping up with the world.”But rather than bragging, Qcells executives are raising an alarm. The Biden clean energy initiative is bringing plants like theirs on line at breakneck speed. And the rate of production — at home and abroad — has created the prospect of a glutted market that threatens to drive down the price of solar panels as the supply outpaces demand.
Persons: Dalton, Biden’s, , ” Wayne Lock, Biden, Organizations: Biden Locations: Ga, Qcells, Georgia
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