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How American Tax Breaks Brought a Chinese Solar Energy Giant to Ohio [Financial Post (Toronto, Ontario, Canada)]
Last canadian solar inc. - common shares earnings: 3/26 06:00 am
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US:NASDAQ Investor Relations: investors.canadiansolar.com
Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — Nestled among the corn fields of Pataskala, Ohio, Illuminate USA's sprawling new solar factory is buzzing. Hundreds of freshly hired local employees are hoisting pallets, soldering equipment and inspecting their work as sheets of glass are transformed into state-of-the-art photovoltaic panels. They're collecting hourly wages that start at double the state minimum. The factory has also delivered contracts to area electricians and suppliers. From the outside, these are the hallmarks of the 21st century clean energy manufacturing boom promised by the Biden administration, the result of sweeping incentives designed to restore national prowess in a market dominated by China. In reality, what looks like a domestic triumph is also a win for America's primary industrial and geopolitical rival. Invenergy, America's biggest private renewable power developer
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