Boost from the banks: How Tumbling Interest Rates are revving up Renewables

By Douglas McIntyre  •  October 10, 2024

Green energy projects, such as wind and solar, are now receiving more affordable financing due to recent Federal Reserve interest rate cuts and increased demand for clean energy. Utilities are shifting away from fossil fuels, while growing energy demands from industries such as Bitcoin mining and AI are further boosting the sector’s prospects.

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