New US solar tax credit rules will do little to break China dependence, experts warn

Clean energy analysts have warned new US rules designed to speed up a reshoring of clean energy supply chains will do little in the short term to break their dependence on imports from China.

The Treasury department on Friday issued new guidance that would only allow US-based solar developers to secure tax credits offered in the Inflation Reduction Act if they made their cells domestically.

However, because the US has very little…