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Inflation Reduction Act’s stackable 45X credits will help onshore clean energy manufacturing

Posted by Adam Winer on Dec 14, 2023

Advanced Energy United encouraged by Treasury guidance, inclusion of recycling and innovative technologies 

WASHINGTON, DC – Today, national business association Advanced Energy United commended the U.S. Department of Treasury for clarifying its guidance on how to use the 45X tax credit established by the Inflation Reduction Act, including the inclusion of recycled content and allowing for innovative technologies to qualify. 

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Topics: Federal Policy, Press Releases, Harrison Godfrey

Heatmap: Biden’s One Tax Credit to Rule Them All

Posted by Emily Pontecorvo on Dec 14, 2023

Heatmap reports on the Inflation Reduction Act's 45X tax credit, quoting United's Harry Godfrey on how this pillar program within the law directly supports advanced energy technologies and benefits U.S. manufacturers producing components up and down their supply chains.
 

This year may forever be remembered as the start of the American clean energy manufacturing boom.

Since the beginning of 2023, companies have announced more than 150 separate investments in new and expanded factories to manufacture solar panels, wind turbines, batteries, and other clean energy technologies in the U.S., for a total pledged outlay of nearly $60 billion, according to tracking by the nonpartisan group E2. And these factories won’t just be assembling the final products. Entire supply chains have arrived on shore.

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Topics: Federal Policy, United In The News, Manufacturing and Infrastructure, Harrison Godfrey

News From The States: Minelands and Power Plants Are Hot Renewable Development Spots

Posted by Robert Zullo on Nov 24, 2023

News From The States reports on a growing number of states converting old coal plants to renewable energy sites, quoting  Harry Godfrey, who speaks on the opportunities for states to create jobs and generate tax revenue through these conversions with support from the incentives designated by the Inflation Reduction Act.
 

AES Indiana’s Petersburg Generating Station, which towers over the White River here in southwest Indiana, has been burning coal to generate electricity since the late 1960s.

That era, though, will come to an end soon. Two of the power plant’s four coal-burning units have already retired and the last is planning to shut down in 2025. 

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Topics: State Policy, United In The News, Manufacturing and Infrastructure, Harrison Godfrey

Advanced Energy United Endorses Bipartisan Legislation Regarding Domestic Mineral Production

Posted by Adam Winer on Nov 15, 2023

Advanced Energy United endorses The Mining Schools Act and The Good Samaritan Remediation Act

WASHINGTON, DC – Today, Advanced Energy United (United), as part of its work to advance permitting reform and bolster domestic supply chains for advanced energy manufacturing, endorsed two pieces of bipartisan legislation, The Mining Schools Act and Good Samaritan Act, currently under consideration in the U.S. Senate.

“United is proud to support America’s transition to a 100% clean, fully electrified energy future, utilizing advanced energy technologies made right here in the U.S. when possible,” said Harrison Godfrey, Managing Director at Advanced Energy United and head of the organization’s Federal Investment & Manufacturing Working Group.

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Topics: Federal Policy, Press Releases, Harrison Godfrey

Debt Ceiling Deal a Start, Bipartisan Clean Energy Permitting Reform Still Needed

Posted by Adam Winer on May 30, 2023

WASHINGTON, D.C., May 30, 2023 – With Congressional leaders and the White House coming to an agreement in principle over raising the national debt limit, Harrison Godfrey, Managing Director at Advanced Energy United, released the following statement:

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Topics: Federal Policy, Press Releases, Harrison Godfrey

Advanced Energy United Responds to Newly Proposed House Bill That Would Scrap Portions of the Inflation Reduction Act

Posted by Adam Winer on Apr 20, 2023

WASHINGTON, DC, April 20, 2023 – National business association Advanced Energy United today called on members of Congress to reject efforts to undo portion of the landmark Inflation Reduction Act and instead work together on advancing legislation that will help America transition to electricity and transportation systems powered by 100% clean energy. In response to a newly proposed House of Representatives bill that would scrap portions of the Inflation Reduction Act, Harry Godfrey, Managing Director at Advanced Energy United, released the following statement:

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Topics: Press Releases, Harrison Godfrey

RealClearEnergy Op-ed: Pass Permitting Reform & Recycling Policy to Build America’s Advanced Energy Future

Posted by Harrison Godfrey on Apr 19, 2023

In an op-ed to the RealClear Energy, Harrison Godfrey outlines a proposal to Congress to reform the permitting process and pair it with support for reuse and recycling of advanced energy tech.

Solar and wind are now the most affordable sources of electricity in the U.S., overtaking fossil fuels. Advances in battery storage are bringing electric vehicles (EVs) – already more cost-effective to charge and maintain – into price parity with their petroleum-fueled counterparts.

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Topics: United In The News, Harrison Godfrey

AEE statement on Commerce’s initial solar tariff decision

Posted by Cayli Baker on Dec 2, 2022

The Department found imports of certain solar panel components circumvented existing U.S. tariffs on China.

WASHINGTON, Dec. 2, 2022 – Today, national business association Advanced Energy Economy reacted to the Department of Commerce’s preliminary determination that Chinese solar companies were circumventing U.S. trade restrictions. The investigation found that a number of Chinese solar companies were dodging existing tariffs by routing products through Southeast Asian nations. President Biden previously extended a 24-month pause on new solar tariffs, which is expected to forestall the immediate impacts of this determination on the solar industry. 

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Topics: Federal Policy, Press Releases, Manufacturing, Harrison Godfrey

Utility Dive: What inflation – and the Inflation Reduction Act – mean for the clean energy sector

Posted by Kavya Balaraman on Aug 15, 2022

Utility Dive outlined how the Inflation Reduction Act is expected to impact the clean energy sector, citing AEE's Harry Godfrey on how support for clean energy projects can help curb current inflation rates. Read snippets below and the full article here.

High inflation in the U.S. could make things difficult for the clean energy sector, but the passage of the Inflation Reduction Act could more than make up for those impacts, experts say...

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Topics: Federal Policy, United In The News, Manufacturing and Infrastructure, Harrison Godfrey

Virginia AEE celebrates approval of offshore wind project expected to spur thousands of new jobs

Posted by Cayli Baker on Aug 5, 2022

The project is set to be the largest offshore wind farm in America and could cement Virginia as the nation’s leading wind power hub 

RICHMOND, August 5, 2022 — Business association Virginia Advanced Energy Economy (AEE) applauded  today’s State Corporation Commission decision greenlighting construction of the Coastal Virginia Offshore Wind (CVOW) project 27 miles off the coast of Virginia Beach. The project is set to be the largest offshore wind farm in North America and follows the landmark 2020 Virginia Clean Economy Act (VCEA), which included specific provisions to encourage the development of offshore wind, helping Virginia’s largest utility go 100% clean by 2045. 

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Topics: Virginia, Press Releases, Harrison Godfrey