The renewable energy sector faces challenges due to high interest rates, financing costs, and the need for a compelling business case for renewable energy projects.
Via Metal Miner The Renewables MMI Monthly Metals Index slowed its decline and began flattening out. Overall, the index dropped a slight 0.36%, demonstrating sideways price action month-on-month. Most index components, such as silicon and cobalt, experienced minimal downward movement without much price volatility.
“Green Rush” or “Green Bust” There’s a sense of urgency that, if not carefully controlled, the renewable transition might result in blunders over the rush to gain government funds for sustainable energy and infrastructure projects. This is especially true of those facilitated through programs like the Bipartisan Infrastructure Law and the Inflation Reduction Act.
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