Top

Renewable Energy Tax Credits – Forever?

September 26, 2017

Via: Forbes

For a long time – according to the new published U.S. Renewable Energy Brief.

The Brief, published by CohnReznick Renewable Energy Industry and CohnReznick Capital, concludes that the renewable energy tax equity market is in an extremely healthy state, and is growing yearly. $11 billion was raised or committed in 2016, up significantly from the $6.5 billion in 2013, according to J.P. Morgan.

New investors continue to enter the market. There are now over 45 active providers of tax equity for renewable systems. Older providers are becoming more comfortable and confident that the market will continue to grow for some years, especially since Red States get more renewable subsidies than Blue States.

Read More on Forbes