Unprecedented climate legislation is opening a vast array of opportunities for those in the cleantech space. The $369 billion dollars in federal funding is proving to be a gamechanger by delivering critical investments to climate tech developers and manufacturers. Companies are taking advantage of tax incentives and grants for solar, wind, and other renewable energy projects. Developments are moving even faster in e-mobility, where Americans now can now tap into a $7,500 credit to buy EVs. The law also requires that some manufacturing and assembly of EVs happens right here at home in the U.S. And as an important first, this law will dedicate between around $60 billion to environmental and climate justice efforts.

September could be called Climate Month 2022, as those working in the climate space navigated accessing the federal funding provided by the Inflation Reduction Act while attending ClimateWeekNYC and RE+ in Anaheim. Silverline leaders share insights after participating in both events, with an emphasis on clean energy in buildings and infrastructure, the happy marriage of solar and energy storage, and environmental justice.

The Inflation Reduction Act will bring renewables onto the grid, modernize infrastructure, accelerate electric mobility, and improve public health. Silverline urges the House to pass this transformational climate and clean energy legislation and send it to the President’s desk to deliver on the promise of this decisive decade ahead.