How the the Inflation Reduction Act changed the world. This is Part 2 of 9 in Neo Energy Storage Series from Financial Times. ‘Georgia embraces clean energy dollar’.

How the the Inflation Reduction Act changed the world. This is Part 2 of 9 in Neo Energy Storage Series from Financial Times. ‘Georgia embraces clean energy dollar’.

“We’ve already seen over $115bn of investment in clean manufacturing, over $125bn in utility-scale
renewable energy.”

John Podesta 
Head of Biden Administration overseeing the Inflation Reduction Act

“I think what you’re seeing in Georgia is a bipartisan embrace of the opportunities and investments in advanced energy manufacturing and electric vehicle manufacturing that are being supercharged by these manufacturing and infrastructure policies.

“The Solar manufacturing policies, alongside this broad package of manufacturing incentives, are designed to make Georgia the national and global leader in advanced-energy innovation and manufacturing. 

Solar technology and solar products are strategic commodities, poly silicon, ingots, wafers, cells but a significant stranglehold, historically, on the market in China. Our energy security our energy independence, and our environmental future depend upon our production of these technologies to components int he United States.”

Jon Ossoff for U.S. Senate 
Democratic Senator, Georgia

“We made the initial investment in the United States in 2018. And we’re making a much larger expansion after passage of the Inflation Reduction Act.

It’s about a $2.5bn investment. By the end of next year we’re going to collectively employ about 4,000 people directly, across the state. It’s the largest investment in the history of the United States solar industry of any kind. We’ve worked really closely with folks in Georgia and Washington DC over the last five years.”

“We want to see the entire supply chain for our product here in Georgia. Products that come out of this facility will contain cells, wafers, and poly silicon that all originated in the United States.”c

Scott Moskowitz
Head of Market Strategy, Qcells USA Corp. 

This is a 9-part Series. The next part will be on ‘General Electric brings jobs back to the US’.

For the full video from FT REPORT, please click below.

https://lnkd.in/eiKZzin8

Here’s our other post of the Inflation Reduction Act.

https://lnkd.in/evkJw86P

#netzero2050 #energytransition #inflationreductionact #IRA2022 #biden