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Stock impact report

U.S. power producers in $6 bln plan to boost solar supply chain [Reuters]

The AES Corporation (AES) 
Last the aes corporation earnings: 2/28 06:00 am Check Earnings Report
Company Research Source: Reuters
AES Corporation (AES.N) said it had joined Clearway Energy Group, Cypress Creek Renewables and DE Shaw Renewable Investments in the U.S. Solar Buyer Consortium in an effort to address current supply chain issues. The consortium will invest $6 billion as it seeks solar panel manufacturers in a long-term strategic plan to supply up to 7 GW of solar modules per year from 2024. Advertisement · Scroll to continue The United States as a whole installed about 27 GW of utility-scale wind and solar capacity last year, federal data shows. read more The U.S. Bureau of Land Management expects federal approvals to increase as it works to meet a Congressional mandate for 25 GW of additional wind and solar capacity by 2025, enough to power about 4.75 million homes. It expects approvals for more than 30 GW of wind, solar and geothermal capacity between fiscal 2022 and 2025, its said. Advertisement · Scroll to continue U.S. President Joe Biden this month waived tariffs on solar panels fro Show less Read more
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