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U.S. subsidizes solar facilities built partly with American-made components

  • New subsidy offers tax credits for solar energy projects using some U.S.-made equipment.
  • To qualify for bonus, 40% of manufactured products' cost must be U.S.-made.
  • Solar cells can be foreign-made if other facility components meet domestic content threshold.
  • Top solar group says panels assembled in U.S. should qualify regardless of cell origin.
  • Subsidy part of Biden's Inflation Reduction Act aimed at speeding growth of clean power.
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