The US Inflation Reduction Act (IRA) effective in mid-August 2022 encourages investment in manufacturing of PV products in the US by tax incentives and/or subsidies, and this affords opportunities for Taiwan-based solar cell and/or PV module makers to invest in production in the US for tapping the US market and possibly other overseas markets, according to chairwoman and CEO Doris Hsu for solar-grade crystalline silicon wafer maker Sino-American Silicon Products (SAS) who is also chairperson for Taiwan Photovoltaic Industry Association.