Short- and Long-Term Impacts of the Coronavirus on Renewable Energy
The renewable energy industry is no stranger to disruptions. Over the past decade, the wind, solar and storage industries have experienced explosive growth despite on-and-off trade wars, as well as policy changes and uncertainty at both the state and federal level.
None of those changes, however, begin to rival the wide-ranging impacts of the global coronavirus pandemic.
In this paper, CohnReznick and CohnReznick Capital review:
- The current and long-term impacts of the coronavirus on the solar, wind, and energy storage markets
- Recent policy changes impacting the industry, and
- The tax equity implications for investors and developers.
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