Trump’s big and beautiful draft law is a medium finger for us solar energy

The so -called “big and beautiful bill”, if passed, will make comprehensive changes on the United States clean energy market. While some of the worst provisions that affect the industry were stripped during the Senate procedures earlier this week, it is still very bad. In fact, the current language of the draft law may be a medium figure for the local solar industrial industry.

As is the case, the draft law legislates many clean energy programs for the law to reduce inflation in the signature of Joe Biden 2022. This includes killing incentives for local solar energy and facilities, as well as . Worse, the bill is measured Stimulating the use of equipment in the United States.

There were a number of rulings that did not survive its journey through the Senate, such as the consumption tax on renewable energy. like I mentioned that the tax had imposed additional fees on projects that use materials from foreigners like He explained that this would reduce renewable energy projects in favor of extending the life of coal and gas turbines.

Rob Gardner is the Vice President of Congress and Organizational Affairs of Sema, which is the solar energy -energy manufacturing companies. He walked to me through the bill, explaining the effects of changes in the American solar energy industry. “The positivity is that it maintains the production tax credits for manufacturers of clean energy components,” he said.

One disk of a previous version of the bill was the speed at which the current tax credits would be withdrawn. As is the case, the projects that have already approved will qualify for the current system, as well as any project that begins to build before June 2026. “Basically, one year after the legislation (companies) to start building on solar energy projects on the facilities scale to receive the full amount of credit,” Gardner said. According to Article 70512 (4) (A), these plants will need to “put them in service” no later than December 31, 2027.

However, the biggest issue is that the draft law creates “uncertainty for the long -term demand for American products,” according to Gardner. Simply put, American -made solar panels are Of their Chinese counterparts due to the high manufacturing costs. By removing incentives, including local content bonus, the United States opens the door for Chinese alternatives. Gardner added, “After the end of the tax credits that stimulate local production and its consumption, you will see a flood from the Chinese product (in the market),” Gardner added.

US The total local energy consumption in the United States will grow about 2 percent next year. The slowdown in new energy additions is the last thing the United States needs, especially as a renewal energy Of all the capabilities of new power generation in 2024. But it is possible that even with all the changes in the bill, Solar will remain the largest technology used to implement the new power generation capacity.

Abyel Ross Hopper, CEO of the solar energy industries Association does not pull punching in . She said that the bill “undermines the basis of the return of American manufacturing.” “Families will face higher electrical bills, the factories will close, and the Americans will lose their jobs and our electric network will increase,” Huber added.

Jason Gromit, CEO of the US Conservative Energy Society The draft law is “a step back” for the American energy policy and a “intended effort” to undermine “one of the fastest electrical energy sources.”

Environmental groups also believe that passing the bill represents a dark day in the battle of the world against climate change. ” “This is a vote that will live in a bad condition” for its role in “getting rid of the fossil fuel industry funds.”

The Vice -President of the Environmental Defense Fund for Political and Government Affairs, Joanna Sultan, agreed. She said the bill is to “reduce the provision of cheap energy effectively when the United States needs more.” In contrast, the bill “recovery for 10 years of paying fees on moving methane pollution”, Carbon dioxide to the environment.

Search by a clean energy company It indicates that the bill may endanger up to 600 GB of new renewable energy capacity. This is due to the narrow timing dates imposed by the bill to qualify for current credits, which need to start construction before June 2026. The number 600GW includes solar energy storage projects and battery storage projects in California and Tixas that will need to rush to work.