What happened to green energy?
The global green energy sector has experienced an unprecedented era of expansion, driven by aggressive decarbonization mandates, massive government policy incentives such as the Inflation Reduction Act, and rapidly falling costs for photovoltaic panels and wind turbines. Renewable power capacity additions have repeatedly broken historic records year after year, with solar and wind deployments accelerating faster than most traditional utility forecasts anticipated. However, the green energy transition has simultaneously navigated significant supply chain bottlenecks, grid interconnection backlogs, rising borrowing costs, and complex geopolitical trade tensions over critical mineral sourcing and manufacturing dominance, forcing developers to continuously adapt their commercial strategies.
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