U.S exports of solar products rose by 83% in 2010, reaching $5.63 billion, a recent report by the Solar Energy Industries Association (SEIA) found. The rise is attributed to increased demand from China for raw materials and equipment needed for solar production, and has created a $1.88 billion trade surplus in solar technologies for the U.S.
The report, argues Rhone Resch, president and CEO of SEIA, underscores the fact that the solar industry continues to be a viable option for creating jobs. “The U.S. solar energy market continues to be a bright spot in an otherwise bleak economy,” Resch said. “But,” he continued, in order, “to maintain our competitive advantage, we need innovative, proactive solutions from policymakers to match the investments being provided overseas to grow robust solar supply chains. Doing so will result in new jobs and opportunities for communities that have seen their factories close up shop in recent years.”
The graphic below compares U.S. imports and exports of solar products.