The AES Corp. has partnered with Clearway Energy Group, Cypress Creek Renewables and D. E. Shaw Renewable Investments (DESRI) to type the U.S. Solar Buyer Consortium to drive enlargement of the home solar provide chain and help the expansion of the American solar business.
The U.S. Solar Buyer Consortium is dedicated to buying greater than $6 billion of solar panels and is on the lookout for producers which might be aligned with the consortium’s objectives that may provide as much as 7 GW of solar modules per yr ranging from 2024.
AES has a big backlog of solar tasks within the U.S., together with 3.4 GW of latest tasks coming on-line from 2022 to 2025, out of a complete backlog of 10.3 GW throughout all geographies and applied sciences. In 2021, AES signed contracts for five GW of power buy agreements (PPA) for renewable energy, together with 1.4 GW for U.S. solar tasks. AES has a 59 GW growth pipeline of which 68% is within the United States.
“With our large and growing pipeline of solar projects, AES is fully committed to accelerating America’s transition to clean energy,” says Andrés Gluski, AES’ president and CEO. “Some of America’s top solar developers have come together to do our part to help attract investments into U.S. solar manufacturing. It is crucial, however, that the U.S. government creates a realistic, long-term policy framework that supports onshoring more of our solar panel supply chain without unnecessarily disrupting the growth and success of our sector.”