Abigail Hopper, the dynamic President and CEO of the Solar Energy Industries Association (SEIA), dives into the electric landscape of the U.S. solar industry amidst political changes. She discusses the influence of the Inflation Reduction Act, the uncertainty surrounding tax credits, and the importance of strategic planning for developers. Hopper emphasizes community engagement in solar adoption and highlights the pressing need for business certainty and energy security, all while navigating the challenges of the energy transition.
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insights INSIGHT
Industry Sentiment
The solar industry feels concern and anxiety about the new administration, but not panic.
This is due to better preparedness and the industry's growth since 2017.
volunteer_activism ADVICE
Preparing for IRA Changes
Businesses should prepare for potential changes to the IRA by President-elect Trump.
Focus on identifying core business needs versus desired extras.
insights INSIGHT
*Potential IRA Changes *
The IRA might change with sunset clauses, reduced adders, or ownership restrictions.
Businesses should analyze their supply chains and finances for vulnerabilities.
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Policy changes which will impact US solar – both manufacturing and demand - are on the horizon. To discuss the current state of the solar industry in the wake of the US election, the implications of the Inflation Reduction Act (IRA), potential changes to tax credits, and the impact of tariffs and energy demand on the industry, Sylvia Leyva Martinez is joined by Abigail Hopper, president and CEO of the Solar Energy Industries Association.
What policy change will we see with a new administration next year? Things are a bit uncertain, which isn’t ideal for developers or investors, so there’s a need for strategic planning. Abby and Sylvia discuss the evolving priorities in the renewable energy sector, in particular the need to focus industry leaders on business certainty and energy security. How can more certainty be injected into the market? How does community engagement come into it, and what about the interconnection challenge that looms large over the energy transition? All this and more on the last Interchange: Recharged of the year.
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