VP Harris to announce main U.S. order for group solar energy
U.S. Vice President Kamala Harris waves as she arrives to deal with youth gathered on Black Star sq. in Accra, Ghana, Tuesday March 28, 2023.
Misper Apawu | Pool | Reuters
Vice President Kamala Harris on Thursday plans to announce a dedication between South Korean photo voltaic cell producer Qcells and Virginia-based Summit Ridge Vitality to deploy 1.2 gigawatts of group solar energy, the biggest group photo voltaic order in U.S. historical past.
Harris will make the announcement throughout a visit to the Qcells facility in Dalton, Georgia as a part of the White Home’s “Spend money on America” tour. The deal would require the manufacturing of two.5 million photo voltaic panels, Biden administration officers stated, producing sufficient clear electrical energy to energy 140,000 houses and companies.
Group photo voltaic typically refers to native photo voltaic services shared by group subscribers who obtain credit score on their power payments for his or her share of the ability produced. Group photo voltaic ends in a median of 10% in annual financial savings for purchasers, White Home officers stated, and gives clear power advantages to renters and people with out entry to rooftop photo voltaic.
Qcells in January stated it is going to make investments $2.5 billion to broaden its photo voltaic manufacturing capability in Georgia. The corporate initiatives it is going to provide about 30% of whole U.S. demand for photo voltaic panels by 2027.
The brand new plan is catalyzed by tax credit within the Inflation Discount Act, the historic local weather invoice signed into regulation final yr. The brand new panels will probably be deployed in Illinois, Maine and Maryland.
