The American Council on Renewable Energy (ACORE) has launched a new campaign that aims to reach a whopping $1 trillion in new U.S. private-sector investment in renewable energy and enabling grid technologies by 2030.
ACORE is a national business group made up of companies that finance, develop, manufacture and use all forms of renewable energy. The new campaign is managed through the Partnership for Renewable Energy Finance, a senior-level ACORE member program serving as an educational resource on renewable energy finance.
The $1T 2030: The American Renewable Investment Goal provides capital for energy infrastructure projects for renewable power.
According to an ACORE survey, U.S. renewable energy will continue to be an attractive asset class with strong potential for investment growth. Market developments and policy changes over the coming decade will drive new demand for renewable energy, but investors are cautious about potential mixed policy signals, which could slow demand.
The full survey report can be found here.
