The Inflation Reduction Act (IRA) presents U.S. clean energy with an unprecedented opportunity for expansion, but meeting the increased demand spurred by the IRA will involve tripling the current annual private investments in clean energy projects. Investors are ready to scale their involvement, yet barriers are limiting potential.
ACORE’s American Renewable Investment Campaign champions policy reforms and market incentives to facilitate the necessary project financing to advance the expansion of renewable projects and build out emerging clean technologies. The campaign engages the nation’s leading capital contributors and project sponsors, and educates new entrants to catalyze the next wave of sector growth.
We benchmark progress on the campaign and identify priorities through our annual Expectations for Renewable Energy Finance report.Statistics
The future of renewable energy investment is bright.
80 % of surveyed investors plan to utilize tax credit transferability or direct pay.
84 % of surveyed investors plan to increase their renewable energy investments by 5% or more in 2023.
90 % of surveyed investors and developers plan to prioritize investments in low-to-moderate-income and energy communities.
100 % of surveyed investors believe that America is becoming more attractive for renewable energy investments.
ACORE Finance Forum
Each year at the ACORE Finance Forum, the American Renewable Investment Campaign’s annual report is released. The event brings together leaders from across the renewable transaction landscape to shape the future of renewable finance.