Leading U.S. Solar Companies Announce Consortium to Spend More Than $6 Billion on Solar Modules and Support Expansion of Domestic Supply Chain

Leading independent power producers, The AES Corporation (NYSE: AES), Clearway Energy Group (Clearway), Cypress Creek Renewables, and D. E. Shaw Renewable Investments(DESRI), have formed the US Solar Buyer Consortium to support expansion of the domestic solar supply chain and drive the growth of the American solar industry.

“The consortium has a large and growing pipeline of solar projects in the United States, and we are committed to supporting America’s clean energy transition,” said Andrés Gluski, AES President and CEO. “We’re working together with customers of all kinds to decarbonize their operations and the grid.”

“Solar provides low-cost clean energy, builds resiliency into the grid and is vital in addressing the climate crisis,” said Sarah Slusser, CEO of Cypress Creek Renewables. “We are proud to advance our country’s important decarbonization and clean energy goals and American manufacturing through the support provided by this consortium.”

Increasing solar energy deployment is essential to achieving net-zero emissions by 2050 and limiting global temperature rise to 1.5 o C. While the White House’s recently announced 24-month bridge for certain solar imports and actions to support domestic manufacturing are a large step towards addressing supply chain challenges, the consortium recognizes that more needs to be done to build upon the industry’s progress towards providing lower-cost, reliable, clean power to American families and businesses.

“Today’s announcement from our consortium is another meaningful step toward bolstering America’s solar supply chain,” said Craig Cornelius, CEO of Clearway Energy Group. “By enacting legislation pending before Congress, policymakers can enable our consortium’s goal to broaden the range of products we use from American sources and increase our domestic solar manufacturing workforce. We look forward to partnering with federal, state, and local partners in government to fulfill this goal over the years ahead.”

For more details, please contact the consortium at [email protected]

For suppliers interested in responding to the RFP, please contact [email protected]