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HandsomeSloth

25-30% more downside for renewables: inflation is kryptonite

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Invesco Solar ETF (BATS:TAN)  
HandsomeSloth  
BATS:TAN   Invesco Solar ETF
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2024 could be another terrible year for renewables.

Renewable stocks have done terribly since inflation picked up. With high rates and therefore high costs of capital, renewables projects "with the promise of zero-to-no OpEx" are facing CapEx rates that are having companies and individuals pull out of renewables commitments one after the other.
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