US President Joe Biden has signed the Inflation Reduction Act of 2022, ushering in a new decade of $370 billion in climate and energy spending.
The four manufacturers are Hoshine Silicon, Daqo, East Hope, and GCL New Energy Material.
It’s been a busy two months since Joe Biden became U.S. president. Here are highlights of key initiatives on the energy and clean-tech fronts.
Chip Breitenkamp, of Nanograf, discusses American battery manufacturing, how to ensure a resilient and equitable supply chain, and how to create jobs.
One environmental group said the new president’s actions make “the United States once more part of the global climate solution – not the problem.”
Despite much of the world being on lockdown for a big chunk of 2020, there are few who could say it has been an uneventful year. And while the ongoing Covid-19 pandemic will be what defines 2020 for many, in the solar industry there’s plenty more to shout about, from the rapid rollout of high-powered modules to a drastic increase in carbon-neutral pledges from companies and governments around the world. Across five installments, pv magazine takes a look back at the year in solar. First up are the U.S. election and carbon neutral pledges.
While Donald Trump grapples with the result of the election, Europe’s highest officials have moved on, and demonstrated new optimism for the four years ahead by setting a preliminary agenda for cooperation aimed at president-elect Joe Biden with key topics including work on renewables, battery storage and carbon pricing.
As the U.S. economy continues to recover from its Covid-19-induced recession, it’s likely that Congress and the president will put together a multi-trillion dollar relief package, similar to the one that lifted the economy out of its doldrums following the 2008 economic crisis.
“We need a ‘deployment’ energy secretary,” Generate Capital President Jigar Shah said several years ago. “One who understands how entrepreneurs move from research to revenue. One who understands the difference between venture capital and project finance.”
The former vice president has made a long list of promises and commitments to the environment and future of clean energy if elected. Which of these promises could we see immediate action on and which are years down the line?
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