Yes, that’s very true I just wish it was an American company whose profits would stay in America. Can’t have everything, I know. :)
The only 2 remaining solar panel factories are both foreign owned. And now a china company will move in.
Manufacturing is highly automated and only about 14% of solar jobs are in manufacturing while installation is labor intensive so 86% of the jobs are in installing.
Because the price of panels will be going up, many solar jobs will no longer pencil out and many will cancel, causing an estimate net job loss of 26,000 the first year.
None of this will help these companies compete on the world market. They won't be able to compete in Canada, Mexico, or North Africa.