US solar industry players celebrate Inflation Reduction Act at White House

Facebook
Twitter
LinkedIn
Reddit
Email
President Joe Biden speaking at the event yesterday. Image: President Biden via Twitter.

US solar industry players gathered on the White House lawn yesterday to celebrate the Inflation Reduction Act (IRA), one month after it was signed into law.

President Joe Biden was joined by lawmakers, renewables trade associations, solar developers and manufacturers, and activists at the event to commemorate the legislation, billed as the biggest climate package in US history.  

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

“We are going to take the most aggressive action ever, ever, ever to confront the climate crisis and increase our energy security,” Biden said during a speech.

Earmarking US$369 billion for decarbonisation efforts, the IRA includes expanded tax credits for utility-scale solar and manufacturing credits for a host of PV components.

Research firm Wood Mackenzie forecasts that the legislation will increase US utility-scale solar buildout by 86% over the next ten years, while trade body the Solar Energy Industries Association has suggested the country could exceed 50GW of solar manufacturing capacity by the end of this decade thanks to incentives included in the act.

Passage of the legislation followed a period of uncertainty earlier in the year as Democrats were unable to get the larger Build Back Better act through the Senate. However, key Senator Joe Manchin of West Virginia struck a deal in late July to vote on the IRA.

Among the attendees of the White House event was Dan Shugar, CEO of tracker manufacturer Nextracker, who wrote on LinkedIn that it was an honour to be invited to celebrate what he described as the largest clean tech manufacturing policy in US history.

He wrote: “Now we need to deliver. Deliver US manufacturing capacity. Deliver US jobs. Deliver lower cost for customers. And further energy security, clean air, and clean water.”

Having opened three factories in the US this year – in PennsylvaniaTexas and Arizona – Nextracker has confirmed to PV Tech that it is considering accelerating and increasing production at its facilities as a result of the IRA.

Also present at the event was Mary Powell, CEO of residential solar installer Sunrun, who said the IRA drastically increases access to clean, reliable and affordable sources of energy, adding: “American families can now take advantage of new tax incentives for home solar, batteries, heating, electric vehicles and so much more. It’s a huge win for the American people.”

Read Next

October 9, 2025
The Australian government has announced the results of the fourth Capacity Investment Scheme (CIS) tender, with 6.6GW of renewables awarded long-term contracts.
Premium
October 8, 2025
The global energy transition will only be 'marginally impacted' by uncertainties in US energy policy, according to Remi Eriksen, CEO of DNV.
October 6, 2025
Rajasthan government will develop 500MW/2,000MWh of standalone battery energy storage systems (BESS) with a four-hour single-cycle configuration and extended operational life.
October 3, 2025
Chinese government policies and supply-side production cuts will drive a significant increase in solar and storage component costs.
September 24, 2025
Representatives from the EU, IEA and IRENA have signed an open letter to deliver a 'just and equitable energy transition'.
September 22, 2025
The Rural Electrification Agency (REA) of Nigeria has announced plans to build a 1GW solar module manufacturing facility in the country.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
October 21, 2025
New York, USA
Solar Media Events
November 25, 2025
Warsaw, Poland
Solar Media Events
December 2, 2025
Málaga, Spain
Solar Media Events
February 3, 2026
London, UK