OPINION: 'For Arizona’s future, for our energy independence, and for our own wallets, the answer is clear – passage of the Inflation Reduction Act will create new and prosperous jobs for Arizonans and build an industry that will establish our…
Our home state of Arizona is a perfect example of the huge potential that exists if Congress can get the Inflation Reduction Act over the finish line. Our Sens. Kyrsten Sinema and Mark Kelly will have led the effort to bring a robust clean energy economy to Arizona and, with it, the attendant economic and environmental benefits.
People are also reading… On Aug. 2, a group of top economists sent a letter to congressional leaders saying the proposal “addresses some of the country’s biggest challenges at a significant scale. And because it is deficit-reducing, it does so while putting downward pressure on inflation.” The Arizona Solar Energy Industries Association was founded in 1991 and represents approximately 60 companies doing business in Arizona, and our companies are eager to get to work and increase their investment in our state with the passage of this essential bill.
In June 2021, the Solar Energy Industries Association set a goal of 50 GW of U.S. solar manufacturing capacity by 2030 for each of the following key segments: polysilicon, wafers, cells, modules, inverters and trackers. That would supply nearly triple the amount of solar we install today in the United States. With passage of the IRA, the U.S. will meet, and even exceed, this 50 GW goal. But in the absence of federal incentives for private sector investments, the country will fall far short.
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