The independent power producers AES Corporation, Clearway Energy Group, Cypress Creek Renewables and D. E. Shaw Renewable Investments have formed the US Solar Buyer Consortium to support expansion of the domestic solar supply chain and drive the growth of the American solar industry.
To meet its ambitious growth targets, the Consortium has launched a competitive RFP to search for qualified manufacturers who are aligned with the consortium's goals and can commit to a long-term strategic partnership to supply up to 7 GW of solar modules per year starting from 2024.
Increasing solar energy essential to achieving net-zero
The buying consortium will encourage a stable, domestic supply chain for solar modules. Promoting the on-shoring of the module supply chain demonstrates the buying consortium's belief in an American-made solar industry that has the potential to create over 250,000 new permanent jobs and over 50,000 new construction jobs by 2035. Increasingly domestic supply chains will create lasting resiliency and alleviate constraints faced by the industry today.
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Increasing solar energy deployment is essential to achieving net-zero emissions by 2050 and limiting global temperature rise to 1.5 degrees Celsius. While the White House's recently announced 24-month bridge for certain solar imports and actions to support domestic manufacturing are a large step towards addressing supply chain challenges, the Consortium recognizes that more needs to be done to build upon the industry's progress towards providing lower-cost, reliable, clean power to American families and businesses. (mfo)
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