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Expectations for Renewable Energy Finance in 2023-2026


American Council on Renewable Energy


1 June 2023

The American Council on Renewable Energy (ACORE) has released an analysis examining the effects of the Inflation Reduction Act (IRA) on leading renewable energy sector and potential impacts on new financing structures like transferable tax credits. Despite ongoing challenges such as grid issues and supply chain limitations, the IRA has boosted participation in the renewable energy market. In this study, all surveyed developers and most investors intend to increase involvement, with 84% planning over 5% growth in U.S. renewable energy investment.