Full Title: Opportunities to Diversify the U.S. Renewable Energy Manufacturing Supply Chain
Author(s): American Council on Renewable Energy, BW Research Partnership
Publisher(s): American Council on Renewable Energy
Publication Date: December 15, 2022
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Recognizing clean energy manufacturing as a significant opportunity for U.S. economic growth, the federal government and states are undertaking actions to help onshore manufacturing and develop more robust domestic renewable energy and battery storage supply chains. Such actions include new domestic manufacturing tax incentives included in the Inflation Reduction Act (IRA) and President Biden’s authorization of the Defense Production Act (DPA) to accelerate the domestic production of clean energy technologies.
Developing a domestic renewable energy and battery storage manufacturing base with a focus on equity can help realize workforce goals. In particular, the buildout of a domestic renewable energy supply chain can provide important points of entry for minority- and women-owned business enterprises (MWBEs) to enter the renewable energy and battery storage sectors.
Toward this end, ACORE collaborated with BW Research Partnership (BW Research) to assess the current landscape for opportunities to diversify the U.S. utility-scale wind, solar and battery storage manufacturing supply chains. The study identifies existing MWBEs within these supply chains9 and considers the findings within the context of developer supplier selection practices and recent policy developments.