Virus creates $23b US clean energy shortfall

Bloomberg

As much as $23 billion in capital needed for US clean energy projects could dry up amid the economic fallout from the coronavirus pandemic — threatening the growth of renewables into next year.
That represents as much as 31 gigawatts of solar and wind projects that may be seeking tax-equity investments over the next 18 months, according to a report by BloombergNEF.
Tax equity financing has been instrumental in expanding the deployment of renewables in the US.

Leave a Reply

Send this to a friend