State officials and major employers in Arizona met today at Honeywell’s Advanced Air Mobility Lab in Phoenix, for a private roundtable discussion about maximizing clean energy investment in the state.Â
The roundtable event — Powering Arizona: Maximizing Historic Federal Investment for a Clean Economy — connected officials from the Governor’s Office of Resiliency with representatives from Honeywell Aerospace, Microsoft, Lucid Motors, KORE Power, and other major employers in the state. It provided an opportunity for public and private sector leaders to discuss their plans to leverage federal clean energy legislation like the Inflation Reduction Act of 2022 and the bipartisan Infrastructure Investment and Jobs Act of 2021 to benefit Arizona’s economy and the climate.Â
"The Governor’s Office of Resiliency is proud to partner with private industry and community groups to build a more resilient Arizona for future generations to thrive. Arizona is already seeing significant momentum in private sector clean energy investments focused on lowering energy costs for Arizona families and businesses,” said Maren Mahoney, director of the Arizona Governor’s Office of Resiliency. “Since the passage of the bipartisan Infrastructure Investment and Jobs Act in 2021 and the Inflation Reduction Act in August 2022, we have secured close to $4 billion dollars for clean energy and related infrastructure in Arizona and regionally. Meanwhile, new clean energy projects in our state have already brought in $10 billion in private investment and thousands of good-paying clean energy jobs. This means less pollution, fewer health problems, and more quality, local jobs suited to meet the demands of our future. We look forward to continuing this critical collaboration with our private sector partners.” Â
"Honeywell is proud to host so many leaders at our Advanced Air Mobility Lab in Phoenix today for an important discussion about clean energy investment and the future of the state's economy,” said David Shilliday, Honeywell Aerospace Vice President and General Manager, Advanced Air Mobility. “Arizona must continue to lead in the clean energy industry as all Arizonans will benefit from coordination, collaboration, and commitment from both the private and public sectors. This emphasis reflects both our current and future mission to make air travel more sustainable.” Â
“KORE Power is grateful for the opportunity to meet today with our partners and peers in the public and private sectors about our shared commitment to making Arizona a leading destination for investment in the U.S. clean energy boom,” Edwin Hernández‑Vargas manager of state and local affairs at KORE Power. “We were pleased to share an update on our 1.3 million-square-foot advanced battery manufacturing facility in Buckeye, which will bring more than 1,200 good jobs to the state and serves as a shining example of the way that federal clean energy investments are already supercharging Arizona’s economy.”Â
“This meeting is exemplary of successful collaboration between the private and public sectors working together to implement a clean energy future for our nation,” said Abigail Campbell, head of climate and infrastructure policy, Siemens USA. “We’re encouraged by the dialogue being had by Arizona’s government, our peers, and our customers as they are showcasing how to leverage federal funding effectively, and Siemens is happy to be a partner in getting to the tipping point faster.”Â
Arizona has emerged as one of the nation’s top destinations for clean energy investment. Since the Inflation Reduction Act passed into law in the summer of 2022, the state has already secured more than $10 billion in new clean energy investments, which are projected to create more than 13,500 new jobs. Today’s roundtable event served both to celebrate this success while exploring opportunities for further policy and business action to invite even greater investment in Arizona’s clean energy economy.Â
Notable Arizona projects include KORE Power’s KOREPlex battery facility in Buckeye, in partnership with Siemens; the $5.6 billion LG Energy Solutions gigafactory in Queen Creek; and American Battery’s gigafactory in Tucson, which is expected to employ 1,000.Â
Powering Arizona: Maximizing Historic Federal Investment for a Clean Economy was organized by Ceres, Advanced Energy United, and the Arizona Technology Council.Â
Watch the full recording of the media briefing held immediately following the roundtable discussion. Â
About CeresÂ
Ceres is a nonprofit organization working with the most influential capital market leaders to solve the world’s greatest sustainability challenges. Through our powerful networks and global collaborations of investors, companies and nonprofits, we drive action and inspire equitable market-based and policy solutions throughout the economy to build a just and sustainable future. For more information, visit ceres.org and follow @CeresNews.Â
About Advanced Energy UnitedÂ
Advanced Energy United educates, engages, and advocates for policies that allow our member companies to compete to power our economy with 100% clean energy. We work with decision makers at every level of government as well as regulators of energy markets to achieve this goal. The businesses we represent are lowering consumer costs, creating thousands of new jobs every year, and providing the full range of clean, efficient, and reliable energy and transportation solutions. The U.S. market for advanced energy products and services reached nearly $375 billion in 2022. Together, we are united in our mission to accelerate the transition to 100% clean energy in the United StatesÂ
About the Arizona Technology CouncilÂ
The Arizona Technology Council (AZTC) is Arizona’s premier trade association for science and technology companies. Recognized as representing a diverse professional business community, Council members work towards furthering the advancement of technology in Arizona through leadership, education, legislation and social action. The Council offers numerous events, educational forums and business conferences that bring together leaders, visionaries, and community members to make an impact on the technology industry. These interactions contribute to the Council’s culture of growing member businesses and transforming technology in Arizona. To become a member or to learn more about the Arizona Technology Council, please visit www.aztechcouncil.org and follow AZTC on Twitter at @aztechcouncil.Â