ACORE Releases $1 Trillion-by-2030 Renewable Energy Investment Campaign Progress Report
- Jun 18, 2019 5:25 pm GMT
Private sector investors plowed more than $56.7 billion into renewable energy and more than $48 billion into enabling grid technologies in the US last year, according to a report from ACORE, the American Council on Renewable Energy.
Furthermore, investors remain confident that renewable energy will continue to grow and offer attractive investment opportunities in the US. The average confidence level among respondents to ACORE's survey over the next three years came in at 77 out of 100.
“Renewable energy remains one of the most attractive investment options in America today,” said Gregory Wetstone, ACORE’s president and CEO. “Over the long-term, however, the renewable sector is going to need predictable policy drivers, competitive power markets and a modernized grid to meet its potential and answer Americans’ growing calls for a clean energy economy.”
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