Q1 2023 - Alternative Energy Market Update

February 24, 2023

Global investment in the energy transition totaled $1.1 trillion in 2022 – a new record and a huge acceleration from 2021 (BNEF). 2023 is setting up to be another big year as investors begin to transact on new tax credits for RNG (GIP/Amber) and stand-alone battery storage (Eolian/Churchill Stateside Group). Since our last post, the Treasury and IRS have released additional guidance around a handful of provisions in the Inflation Reduction Act, covering topics from prevailing wage and apprentice programs, to details around the low-income communities bonus credit.

Visit GreenFront’s Q1’23 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.