Supply Chain World Volume 10, Issue 6 | Page 17

___________________________________________________________________________________ Supply chain disruption
Southeast Asian imports of solar panels in 2024 . Major Engineering , Procurement , and Construction ( EPC ) firms will also be looking to de-source foreign supply chains as tax incentives and credits are allocated to projects with domestic content . Domestic manufacturers will be equipped to capitalize on these conditions and gain market share if capacity and production can ramp up in 2024 and onwards .
Conclusion
The reshoring trend in American manufacturing is reshaping the landscape of the solar energy market , offering a host of opportunities for growth and development . As companies bring manufacturing operations back to the United States , the solar industry stands to benefit from increased production capacity , job creation , enhanced quality control , and accelerated innovation . This convergence of reshoring and the solar energy market represents a promising step towards a more sustainable and resilient future , and we ’ re happy to work with companies who are pushing these trends forward . ■
For a list of the sources used in this article , please contact the editor .
Ryan McComb https :// bit . ly / 3G4qT06
Ryan McComb is Director , Transaction Team at MiddleGround Capital . MiddleGround Capital is a private equity firm based in Lexington , KY . MiddleGround makes control equity investments in middle market B2B industrial and specialty distribution businesses . MiddleGround creates value through a hands-on operational approach and partners with its management teams to support long-term growth strategies . scw-mag . com 17