The AES Corp. has partnered with Clearway Energy Group, Cypress Creek Renewables and D. E. Shaw Renewable Investments (DESRI) to type the U.S. Photo voltaic Purchaser Consortium to drive growth of the home photo voltaic provide chain and assist the expansion of the American photo voltaic business.
The U.S. Photo voltaic Purchaser Consortium is dedicated to buying greater than $6 billion of photo voltaic panels and is on the lookout for producers which might be aligned with the consortium’s objectives that may provide as much as 7 GW of photo voltaic modules per 12 months ranging from 2024.
AES has a big backlog of photo voltaic tasks within the U.S., together with 3.4 GW of recent tasks coming on-line from 2022 to 2025, out of a complete backlog of 10.3 GW throughout all geographies and applied sciences. In 2021, AES signed contracts for five GW of energy buy agreements (PPA) for renewable vitality, together with 1.4 GW for U.S. photo voltaic tasks. AES has a 59 GW improvement pipeline of which 68% is in the US.
“With our giant and rising pipeline of photo voltaic tasks, AES is totally dedicated to accelerating America’s transition to wash vitality,” says Andrés Gluski, AES’ president and CEO. “A few of America’s prime photo voltaic builders have come collectively to do our half to assist appeal to investments into U.S. photo voltaic manufacturing. It’s essential, nonetheless, that the U.S. authorities creates a sensible, long-term coverage framework that helps onshoring extra of our photo voltaic panel provide chain with out unnecessarily disrupting the expansion and success of our sector.”
