WSJ News Exclusive | Bill Gates-Backed Startup Plans Large Solar Power Component Plant

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WSJ News Exclusive | Bill Gates-Backed Startup Plans Large Solar Power Component Plant
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A startup backed by Bill Gates is aiming to build the U.S.’s first factory to make wafers for solar panels, a part of the supply chain China mostly controls

CubicPV is planning a factory in the U.S. to produce silicon wafers for solar panels, a component almost entirely controlled by ChinaDavid L. Ryan/The Boston Globe/Getty ImagesA startup backed by investors including Bill Gates is racing to build what could be the first silicon wafer factory for

, the latest example of the influence of recent legislation offering tax credits for green-energy projects.. There are currently no factories to make wafers for solar panels in the U.S., and the Energy Department has said building them should be a priority, since they could encourage faster development of other parts of the solar manufacturing industry as well.

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