Michael Carr54:18
Well, thanks. Thanks for, having a having us here. Just a quick, background on the CMO coalition. So the CMO coalition came together about five years ago, with basically just a dissatisfaction of how dependent we were on primarily Chinese manufacturers for, solar energy in the United States. And basically that the the folks in our group said there's just no fundamental reason why we can't build it here. And that so that's why we have this, this alignment of interest here. And, and we have demonstrated that in the last, in the last few years, our companies have invest tens of tens of millions of dollars, tens of billions of dollars. I should have said, in new, new manufacturing capacity. And for the first time really ever, we have scale manufacturing now available for every component in the solar supply chain. And that is a is a real fundamental change. But to bring that to the next level, we have got to keep expanding at the rate that that can keep us in a competitive environment, with, with these Chinese manufacturers who not only have, you know, have built up a lot of momentum, they have a desire to maintain their market share. And one of the things that they primarily give to entice, new manufacturing in, in their country is cheap electricity and and pre permitted projects. It is it is very, very easy to build manufacturing in, in China. Not only is there an ecosystem there, there's a government that is there for you at every, every step of the way. So what have we seen so far as we try to reassure this, this important industry? Well, for one thing, most of our new manufacturing facilities have chased cheap, available electricity. You know, it is the fundamental building block of manufacturing in the modern era. Steel, you know, is primarily, you know, a now an electricity input. Solar manufacturing is almost entirely electricity. It is essentially Quartzsite plus, plus electricity equals solar panels. That is that is what manufacturing looks like. But not only from so from our perspective, you know what we ended up seeing a lot of these new factories go to is places that had industrialized from China, shocks in the past. So they had, unused, underutilized hookups. We have now, to be frank, taken up a lot of that space. Now we have taken up we have built factories where there is unused electricity. Now for the next generation, we're going to have to be developing new electricity. And that actually is, is is a bit of a different optic that we have in the Solar Energy Manufacturers Association is that we also, you know, our customers, that are going to take these solar products here in the United States are going to then use that to turn around and create new opportunities for both manufacturing data centers, you name it. This is the biggest, the biggest piece of competitive advantage that we potentially can have, into the future. And so the, the speed with which we can permit these new things, this the, the speed with which we can bring a new electricity to bear, is going to be what's going to underpin our re industrialization across the board. So I think that's why not only the senators here, we, you know, there have been, efforts, Senators Cotton and Senator Cortez Masto. I have to give them a little credit, for also being a being a part of this, so, but, this is it is the time to do this. It is the time to re industrialize our economy. And I think this is a this is a critical piece, forward in that.