JULY 18, 2024

FEATURE

CICE releases two new issue briefs on utility-scale solar and energy storage

The Business Case for Utility-Scale Solar: Utility-scale solar installations provide significant economic benefits to the regions they serve beyond power supply. These projects bring major capital investment, substantial tax revenues, workforce development, and income generation to the communities where they are located. Read on to learn more about the economic opportunities of utility-scale solar.

The Value of Wind and Solar Combined with Energy Storage: Energy storage enhances wind and solar installations by making them dispatchable and reliable, addressing variability issues. When combined with renewables, storage provides a cleaner, more cost-effective, and dependable alternative to natural gas, the current leading energy source in the U.S. Learn more below.

CHAMBERS

The Toledo Regional Chamber of Commerce successfully advocated for the creation of the Northwest Ohio Innovation Consortium, which just secured over $31M for the glass and solar industries

The South Carolina Small Business Chamber helps negotiate new customer rates 

The Michigan Economic Development Corporation’s recent study shows the public has a clear desire for the adoption of new clean technologies

CLEAN ENERGY ANNOUNCEMENTS

9 major clean energy projects announced 1,300+ jobs and $700M in new investments last month

The U.S. Department of Commerce’s Economic Development Administration (EDA) announced that it has awarded $19.5M to the South Florida ClimateReady Tech Hub

Canadian Solar to build $800M solar panel factory in southeastern Indiana, employing 1,200

$50M financing package will enable ESS to expand manufacturing and accelerate deployments of energy storage systems in Oregon

CLEAN ENERGY POLICY

The MA Senate is bringing forward a $2.8B economic development bill including $350M in tax credits to the climate technology sector

HOA homeowners take back their [solar] power, as Michigan is the latest state to protect access to rooftop solar

The Biden Administration is urged to update the proposed 45V tax credit so that PA businesses can compete to be the energy leaders of the future

Potential new AD/CVD tariffs could increase costs and slow down solar project development in the U.S.

$5 million grant for dual-use solar projects could help protect North Country farming

If you'd like to submit content for this newsletter or have questions for our team of clean energy experts, please email us at cicecoordinator@chambersforinnovation.com.