Business Leaders Highlight How the Investments in the Inflation Reduction Act are Already Benefiting Their Companies, Laying Ground for Longer-Term Scaling and Job Creation

WASHINGTON, D.C. – Today, clean energy leaders came together to discuss how they will put the investments from the Inflation Reduction Act into action. Leaders from Galvanize Climate SolutionsSOLV EnergySunrunFervo EnergySolstice InitiativeKOREBlocPowerEVgoQ-Cells, and Breakthrough Energy spoke about how the recently-passed climate legislation has already benefited their companies, fueling a massive clean energy hiring boom, driving innovation like we’ve never seen before,  and providing unprecedented stability within the clean energy industry to ensure continued rapid growth in the  coming years. 

This event was hosted by Breakthrough EnergyClean Energy for AmericaSolar Energy Industries AssociationZero Emission Transportation Association, and Climate Power.

The Inflation Reduction Act made historic investments in American clean energy, totaling $369 billion. This infusion of resources into an already booming clean energy industry means real and lasting benefits for local economies, businesses, families, and the environment. These organizations and companies at today’s roundtable are on the cutting edge of the clean energy future.

Here are some highlights from the event:

Christy Goldfuss, Senior Vice President at the Center for American Progress, will moderate.

Tom Steyer, Co-Executive Chair at Galvanize Climate Solutions highlighted the impact that IRA investments will have on the industry, from innovation, to cost savings, to deploying new technologies faster than ever. 

Mary Powell, CEO and Director at Sunrun discussed how investing in clean household technologies like solar will create safer, cheaper, and more reliable power for families, regardless of socioeconomic status. 

Scott Moskowitz, Director of U.S. Strategy, Market Research, Policy, and Communications at Q-Cells focused on the benefits of building out a domestic energy manufacturing supply chain, including jobs and energy independence. 

George Hershman, CEO of SOLV Energy highlighted the pro-labor aspects of the bill, and how new investment will empower American companies to hire at home, creating sustainable jobs for decades to come. 

Yesenia Rivera, Executive Director of Solstice Initiative talked through how clean energy technologies will create resources for lower-income families, taking steps toward a just transition to a cleaner future. 

Cathy Zoi, CEO at EVgo, discussed how clean energy investments will transform the transportation industry, from incentivizing charging stations to vehicle stations, so that clean vehicles are accessible to communities across the country. 

Timothy Latimer, Co-Founder and CEO of Fervo Energy discussed how the clean energy industry is creating jobs for oil and gas workers who have decades of experience and critical skill sets, as the oil and gas industry falters. 

Lindsay Gorrill, Founder and CEO at KORE, highlighted how the investments in the Inflation Reduction Act will help create the type of robust domestic supply chain needed to sustain U.S. clean energy dominance. 

Donnel Baird, Founder of BlocPower, spoke about the health impacts of fossil fuel reliance within homes. He noted the work his organization is doing to help businesses and developers cut through the red tape, simplifying their transition to clean energy. 

Aliya Haq, Vice President of U.S. Policy and Advocacy at Breakthrough Energy focused on how the IRA will speed up the implementation of new technologies and supercharge innovation, shaping America’s clean energy future.