Biden-Harris Administration Announces $275 Million to Strengthen Clean Energy Supply Chains and Accelerate Manufacturing in America's Energy and Industrial Communities.
Funding from President Biden’s Investing in America Agenda will Boost U.S. Manufacturing, Strengthen Domestic Clean Energy Supply Chains, and Revitalize Energy Communities, Creating Nearly 1,500 High-Quality Jobs
As part of the inaugural meeting of the White House Council on Supply Chain Resilience, the U.S. Department of Energy (DOE) today announced $275 million for seven projects to strengthen clean energy supply chains and accelerate domestic clean energy manufacturing in nine former coal communities across the nation. Each project positions the U.S. to enhance its global competitiveness and national security by building domestic supply chains for existing and emerging technologies, built with American labor and materials. Thanks to the President’s Bipartisan Infrastructure Law, these projects will leverage over $600 million in private sector investments into small- and medium-sized manufacturers and create nearly 1,500 high-quality, good-paying jobs in cutting edge technologies. The portfolio of projects will address critical clean energy supply chain vulnerabilities by supporting key materials and components for energy storage for grid and transportation uses, wind energy, and energy efficient solutions for buildings. In addition to co-location with energy communities, the majority of selected projects will be in or adjacent to disadvantaged communities, supporting the Biden-Harris Administration’s efforts to ensure every community is included in our clean energy future.
“President Biden's Investing in America agenda is driving the manufacturing boom while preserving the communities and workforce that have powered our nation for generations," said U.S. Secretary of Energy Jennifer M. Granholm. “With these historic investments, DOE will bring new economic opportunities and ensure these communities continue their key role in strengthening America's national and energy security.”
The global market for clean energy and carbon reduction technologies is anticipated to reach a minimum of $23 trillion by 2030, and the President’s Investing in America Agenda is helping ensure the nation’s energy communities take part in this massive economic opportunity. The U.S. economy grew at the fastest pace in nearly 40 years in recent years, and manufacturing as a share of U.S. gross domestic product (GDP) returned to pre-pandemic levels. The project selections announced today will strengthen domestic clean energy supply chains by making them more resilient, robust, and cost-competitive.
The selected projects with small and medium size manufactures will build up the production of technologies, such as insulated windows essential in large building retrofits, wind turbines, materials for grid components and critical battery materials, to reduce the nation’s reliance on fossil fuels, strengthen national defense and energy independence, and mitigate the climate crisis. The seven projects selected for negotiation of award focus on manufacturing products and materials that address multiple needs in the domestic clean energy supply chain.
Learn more about each of the selectees here.
MESC leads several of DOE’s Bipartisan Infrastructure Law investments, including the Advanced Energy Manufacturing and Recycling Program. Learn more about the MESC mission to strengthen and secure energy supply chains as the frontline of clean energy capital deployment.
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