US Solar Buyers Consortium varieties, seeks $6 billion of home solar panel provide

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By Chris Crowell June 21, 2022 US Solar Buyer Consortium

Increasing home US solar provide chains is essential for long run resiliency of the solar trade and the nation’s local weather objectives. Policy to date has lagged behind in providing compelling options, so now the market itself appears to be like to encourage new options.

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Leading unbiased power producers, The AES Corporation, Clearway Energy Group, Cypress Creek Renewables, and D. E. Shaw Renewable Investments (DESRI), have fashioned the US Solar Buyer Consortium to help growth of the home solar provide chain and drive the expansion of the American solar trade.

“Our group of companies comprise industry leaders that are committed to delivering cost-effective, renewable power for our customers. Our joint commitment to procure at this scale can provide the certainty suppliers need to ramp up capacity and overcome current supply chain constraints,” mentioned David Zwillinger, DESRI’s CEO.

The US Solar Buyer Consortium says it’s dedicated to buying greater than $6 billion of solar panels. To meet its formidable development targets, the Consortium has launched a aggressive RFP to seek for certified producers who’re aligned with the consortium’s objectives and might decide to a long-term strategic partnership to provide as much as 7 GW of solar modules per 12 months ranging from 2024.

This announcement comes amidst an growing focus from the US Government to strengthen America’s energy safety and independence by decreasing its provide chain reliance on competing nations.

The shopping for consortium will hopefully encourage a steady, home provide chain for solar modules. Promoting the on-shoring of the module provide chain demonstrates the shopping for consortium’s perception in an American-made solar trade that has the potential to create over 250,000 new everlasting jobs and over 50,000 new development jobs by 2035. Increasingly home provide chains will create lasting resiliency and alleviate constraints confronted by the trade in the present day.

“The Consortium has a large and growing pipeline of solar projects in the United States, and we are committed to supporting America’s clean energy transition,” mentioned Andrés Gluski, AES President and CEO. “We’re working together with customers of all kinds to decarbonize their operations and the grid.”

“Solar provides low-cost clean energy, builds resiliency into the grid and is vital in addressing the climate crisis,” mentioned Sarah Slusser, CEO of Cypress Creek Renewables. “We are proud to advance our country’s important decarbonization and clean energy goals and American manufacturing through the support provided by this consortium.”

Increasing solar energy deployment is important to reaching net-zero emissions by 2050 and limiting world temperature rise to 1.5o C. While the White House’s lately introduced 24-month bridge for sure solar imports and actions to help home manufacturing are a big step in direction of addressing provide chain challenges, the Consortium acknowledges that extra must be finished to construct upon the trade’s progress in direction of offering lower-cost, dependable, clear power to American households and companies.

“Today’s announcement from the Consortium is just one step toward bolstering America’s solar supply chain,” mentioned Craig Cornelius, CEO of Clearway Energy Group. “With legislation pending before Congress, policymakers can scale our domestic manufacturing workforce and restore our country’s legacy as a manufacturing leader. We appreciate the Biden administration’s commitment to invest in American workers and urge lawmakers to seize this opportunity.”

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Tags: Cypress Creek Renewables, The AES Corporation, utility-scale

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