US solar companies announce consortium to spend over $6 billion on solar modules

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Independent power producers The AES company, Clearway Energy Group, Cypress Creek Renewablesand OF Shaw Renewable Investments (DESRI)formed the US Solar Buyers Consortium to support the expansion of the domestic solar supply chain and drive the growth of the US solar industry.

To achieve its growth objectives, the consortium has launched a competitive tender to seek qualified manufacturers who are aligned with the objectives of the consortium and can commit to a long-term strategic partnership to supply up to 7 GW of solar modules per year from 2024.

The purchasing consortium will encourage a stable domestic supply chain for solar modules. Promotion of module supply chain offshoring demonstrates buying consortium’s belief in a made-in-USA solar industry that has the potential to create more than 250,000 new permanent jobs and more than 50,000 new jobs in construction by 2035. Increasingly, domestic supply chains will create lasting resilience and alleviate the constraints the industry faces today.

“The Consortium has a large and growing pipeline of solar projects in the United States, and we are committed to supporting the transition to clean energy in the United States,” said Andrés Gluski, President and CEO of AES. “We work with customers of all kinds to decarbonize their operations and the network.”

Increasing solar energy deployment is essential to achieving net zero emissions by 2050 and limiting global temperature rise. While the White House’s recently announced 24-month bridge for certain solar imports and actions to support domestic manufacturing are a big step forward in addressing supply chain challenges, the Consortium believes more needs to be done. made to take advantage of the industry’s progress towards providing products at lower cost. , reliable, clean energy for American families and businesses.

“Today’s announcement from the Consortium is just one step toward strengthening America’s solar supply chain,” said Craig Cornelius, CEO of Clearway Energy Group. “With legislation pending before Congress, policymakers can evolve our national manufacturing workforce and restore our nation’s legacy as a manufacturing leader.”

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