Biden will announce new executive actions to stimulate domestic clean and solar energy development

“As part of his multifaceted approach to accelerating the transition to clean energy here in the United States and reducing energy costs, the president on Monday will invoke the Defense Production Act to quickly expand domestic production of critical technologies.” clean energy, “the source said. CNN.

The announcement comes after an intense lobby of the solar industry, which has seen projects halted after the Biden Department of Commerce launched a tariff investigation in March. Due to the high retroactive rates that could result from the probe, hundreds of utility-scale solar projects in the U.S. have been delayed or canceled, and as a result, solar industry workers have been laid off. .

The well-known source told CNN that Monday’s actions will have no impact on Commerce’s trade investigations, “which will continue uninterrupted,” the source added.

However, the executive action will include a two-year hiatus from anti-circumvention tariffs on solar energy, Solar Energy Industries Association President Abigail Ross Hopper said in a statement.

Biden will also use the federal government’s purchasing power to support U.S. clean energy manufacturers and “take steps to provide U.S. solar deployers with the short-term stability they need to build clean energy projects.” say the source.

Reuters first reported executive action.

Solar industry leaders applauded the measure, saying it would be an isolation for a besieged industry.

“While the Commerce Department’s investigation will continue as required by the statute, and we are confident that a review of the facts will result in a negative determination, the President’s action is a much-needed isolation of this investigation. crushes the industry “, Ross Hopper. dit.

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