Please add the Governors' Wind Energy Coalition to your address book for uninterrupted delivery
View this email in a web browser.
Governors' Wind Energy Coalition

June 22, 2021

Top Story

Biden weighs ban on China’s solar material over forced labor

By KELSEY TAMBORRINO and GAVIN BADE, Politico  •    •  Posted 2021-06-22 15:57:23

The Biden administration is considering banning imports of a critical solar panel material from China’s Xinjiang region, according to four people familiar with the administration’s plans, a move that would assuage bipartisan pressure to crack down on human rights abuses but could undermine the White House’s aggressive climate change goals. [ read more … ]

Solar Energy

Can America’s Solar Power Industry Compete with China’s? One Firm Tries

By Bob Davis and photographs by Dustin Franz, The Wall Street Journal  •    •  Posted 2021-06-22 15:59:32

Solar panels are part of any formula for fighting climate change, yet the U.S. makes few of them, since subsidized manufacturers in China dominate the market. First Solar Inc. is trying to change that. It has just committed to building a new $680 million panel factory in Ohio. A key reason is the company’s confidence that Washington will have its back. [ read more … ]

U.S. Solar Manufacturers Would Get Tax Credit in Ossoff Bill

By Mackenzie Hawkins, Bloomberg  •    •  Posted 2021-06-22 15:59:10

Senator Jon Ossoff is poised to introduce legislation establishing a tax credit for domestic solar manufacturers that he hopes will pass as part of a larger infrastructure package later this year.
The tax credit, which would work in concert with existing incentives for consumers, would be fully refundable and aims to rapidly accelerate the production of solar energy in the United States. The Georgia Democrat said his bill is intended to close the gap between U.S. manufacturers and global competitors, paving the way for U.S. leadership on clean energy. [ read more … ]

Biden Administration

What’s the plan now?

BY MATTHEW CHOI, Politico  •    •  Posted 2021-06-22 15:58:08

he bipartisan group of 21 senators working to hammer out an infrastructure plan could drop its proposal as soon as this week, just before the Senate heads out on its two-week Independence Day recess. POLITICO’s Burgess Everett and Marianne Levine reviewed a four-page breakdown of current priorities, and though numbers are still being finalized, the plan would set new spending at $579 billion, with about $1 trillion in total spending, depending on the timeline of the package’s implementation. [ read more … ]

Grid

Clean that grid

BY MATTHEW CHOI, Politico  •    •  Posted 2021-06-22 15:57:46

House Climate Crisis Chair Kathy Castor (D-Fla.) is introducing legislation today targeted at decongesting the grid in a bid to expand access to renewable energy. Dubbed the Efficient Grid Interconnection Act, the bill would direct FERC to equitably distribute upgrade costs among all network beneficiaries and to require grid operators to look into technologies that improve time and cost efficiency with transmission upgrades.  [ read more … ]

Markets

Renewables are beating out coal on cost

By Josh Siegel, Washington Examiner  •    •  Posted 2021-06-22 15:58:33

More than half (62%) of the renewable power added in 2020 was cheaper than the lowest-cost fossil fuel option, according to a report released this morning by the International Renewable Energy Agency. IRENA found the costs of renewable energy continues to rapidly decline. In the last decade, the cost of utility-scale solar has fallen 85%, onshore wind costs have declined 56%, and offshore wind costs have fallen 48%, the report says. [ read more … ]

Oil-Refinery Shutdown Signals Growing Challenges for Sector

By Sheela Tobben, Bloomberg  •    •  Posted 2021-06-22 15:58:52

A key oil refinery for U.S. East Coast consumers is halting operations after escalating environmental scrutiny made it impossible for backers to obtain desperately needed financing. The owners of the Limetree Bay refinery in the U.S. Virgin Islands announced plans Monday to shut the 200,000-barrel-a-day facility and dismiss more than 250 workers just weeks after a federal crackdown over a series of pollution incidents. [ read more … ]

Note: News clips provided do not necessarily reflect the views of coalition or its member governors.