The Inflation Reduction Act (IRA) is accelerating an upcoming wave of clean energy asset replacement, including PV modules and EV batteries, in the United States. This trend creates an opportunity to redeploy these assets for second-life applications, promoting a circular economy. Disadvantaged communities in the U.S. and Latin America, especially in Mexico and Central America, stand out as opportune destinations for these assets, given their geographic proximity to the US and the potential economic, social, and climate benefits.

There is an opportunity to establish a trusted organization in the U.S. to consolidate clean energy assets, ensure quality, and foster reuse. Through a pilot program, this initiative could kickstart aggregation, redeployment, and traceability, paving the way for government funding and strategic partnerships. This organization could become the enabling intermediary that unlocks a meaningful reuse pathway, helping to pave the way for a cleaner, brighter future across Latin America.