Green energy stocks have been belted. What comes next?

Despite strong narratives and the obvious long-term potential, these green stocks have significantly underperformed the broader market, leavingSince its peak at the start of 2021, the S&P Global Clean Energy Index, which tracks the performance of companies engaged in global clean energy businesses, has fallen more than 55 per cent.

However, there are other reasons which have also contributed to the weaknesses across global markets. The competitive landscape, further intensified by auction systems for wind projects across Europe, has squeezed margins, making it difficult for companies to pass on increased input costs. The extension of the Investment Tax Credit incentivised homeowners and project developers, enhancing long-term market visibility and making solar systems more attractive.

The world added 50 per cent more renewable capacity in 2023 compared to the previous year and the COP28 climate talks called for a tripling of renewable energy capacity and a doubling of energy efficiency improvements by 2030.

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Oil industry has sought to block state backing for green tech since 1960sResearch shows industry lobbying against support for solar panels and electric cars while enjoying subsidies itself
Herkunft: GuardianAus - 🏆 1. / 98 Weiterlesen »

Nickel price collapse: Green premium won’t save Australian nickel says Metals Acquisition boss Mick McMullinThe boss of an ASX-NYSE listed miner says even if miners could fetch a green premium, it may not be enough to make nickel mined outside Indonesia attractive.
Herkunft: FinancialReview - 🏆 2. / 90 Weiterlesen »

Australia to Establish $2 Billion Finance Facility for Green Energy Investment in South-East AsiaThe Australian government will establish a $2 billion finance facility to help fund green energy and infrastructure investment in South-East Asia, to tap into spiralling demand for renewable power in the region between now and 2050. The facility will provide loans, guarantees, equity and insurance to help bolster trade and investment with the ASEAN bloc.
Herkunft: FinancialReview - 🏆 2. / 90 Weiterlesen »