Singapore-based Maxeon Solar Technologies announced plans to build a $1 billion, 1,800-employee silicon solar cell and module factory in Albuquerque, New Mexico. The company wasn’t enticed by the cheap labor or even the fine climate, but by the generous tax credits offered by the Inflation Reduction Act, which President Biden signed into law almost exactly a year ago. The massive Albuquerque factory is just one of dozens of new clean energy projects that have sprouted
