Correlate Infrastructure Partners Inc. (CIPI) Set to Benefit from Defense Production Act Invocation, and Solar Panel Tariff Exemption
President Biden recently invoked the Defense Production Act in a bid to accelerate domestic production of clean energy technologies and spur domestic manufacturing He also declared a 24-month tariff exemption for solar panels from Cambodia, Malaysia, Vietnam, and Thailand This presents a breakthrough opportunity for Correlate and other players in the industry to scale up their operations and execute large-scale solar power installations around the country In March 2022, the United States Department of Commerce opened an investigation into solar modules imported into the country from Southeast Asia. The affected nations included Cambodia, Thailand, Vietnam, and Malaysia, with the department…