Q3 2022 - Alternative Energy Market Update

August 11, 2022

The Inflation Reduction Act’s passage in the Senate is a landmark piece of legislation, representing the largest and most comprehensive climate package in U.S. history. While not final, the bill would broadly enhance support for clean energy initiatives ranging from wind and solar to nuclear and electric vehicles, and more. That, combined with a two-year moratorium on new tariffs for imported solar modules, has injected much needed certainty into markets that struggled to gain momentum through the first half of 2022. Asset values are being repriced, transactions are closing, and both public and private deal flow has increased.

Public Cleantech equities are on the rise as well. After losing nearly 25% of their value since the beginning of the year, stock prices have rallied +20% since August 8 on positive market sentiment driven by the new legislation. While there’s plenty to be excited about, issues around supply chain, interconnection, labor, and broader inflationary pressures remain.

Visit GreenFront’s Q3’22 Quarterly Market Update for insight on these topics and more. It’s our way of helping readers to stay up to speed on topics like Capital Markets, M&A, Project Development, ESG, and Corporate PPA Activity. Don’t hesitate to reach out to our team with questions, comments, or any feedback you have.