The IRA Impact on U.S. Clean Energy Manufacturing
When the Inflation Reduction Act (IRA) was passed in August 2022, it was hailed as the most important piece of climate legislation in U.S. history. The bill not only greatly expands incentives to deploy clean energy towards the Biden Administration’s climate goals, but also includes a new set of production incentives for domestic solar, wind, and battery manufacturing.
But while these incentives are fundamental to making U.S. manufacturing cost-competitive with imports, factory announcements to date show uneven progress along value chains. Many challenges remain to rebuilding complete manufacturing ecosystems for the solar and battery storage industries, leaving the United States dependent on China key components and steps.
In this pv magazine webinar, CEA experts Christian Roselund (Senior Policy Analyst) and Mark Hagedorn (VP, Manufacturing Services) discuss the incentives created by the Inflation Reduction Act and how they can boost domestic solar manufacturing in the United States. They also look at the progress on the ground in terms of manufacturing announcements to date and examine some of the barriers to domestic manufacturing that remain, and what can be done about them.
Webinar content:
IRA provisions and other drivers that are pushing towards domestic manufacturing
Status of factory plans for both PV and battery manufacturing
Strategies when selecting a factory site in the U.S.
Speed to market needed to take advantage of the IRA
Overview of the upstream material production facilities that need to be built to support the domestic gigafactory supply chains
Q&A
