It is easy to be disoriented by the swing from exuberance to pessimism that has defined the clean energy sector in recent years. Yet these moments are precisely when opportunity is greatest. Beneath the headlines are clear indicators of tremendous potential in the U.S. energy transition. The challenge is to separate fundamentals from sentiment, to acknowledge and fix the mistakes that we have made, and to chart a path to scale rooted in discipline, operational excellence, and commercial reality.
Category: Expert Views
Thought leadership articles written by the team
Meeting load growth with clean, flexible power
In the wake of the One Big Beautiful Bill, load growth remains a clear and steady tailwind for renewable energy. Renewables remain the cheapest source of power and the quickest to install, ensuring a bright outlook for the industry despite the shortened available window for some tax incentives. Over the last twenty years, annual investment in renewable energy in the U.S. increased from $5 billion to $100 billion (BloombergNEF, 1H 2025 Renewable Energy Investment Tracker). Compelling economics and flexible demand has the potential to unlock even greater investment in the sector: powering new load with electricity that would otherwise be wasted boosts project economics, ensures quick access to power, and delivers system-wide benefits.
Transition Acceleration Framework: A new approach for private markets
Left unchecked, climate change has the potential to destroy trillions of dollars in invested value through increased frequency and severity of a range of extreme weather events, chronic impacts like sea level rise and water scarcity, and degradation to critical infrastructure from heat stress. Successfully mitigating these impacts requires a global reallocation of capital that is both productive for investors and effective in reducing greenhouse gas emissions.
Looking beyond the headlines of corporate decarbonizationÂ
Many of today’s headlines about the state of corporate decarbonization paint a bleak picture, in which the world’s most influential companies are pulling back from their net zero ambitions (Harvard Business Review, Financial Times, Reuters). Alongside a broader backlash against ESG, companies who remain committed to decarbonization are also finding the process more difficult than anticipated, due in
Investing in U.S. infrastructure for a decade of demand
Despite the near-term uncertainty, the fundamentals of the U.S. infrastructure and energy markets remain attractive for long-term investors. Structural tailwinds such as the need to replace ageing infrastructure, generational load growth, and compelling economics define the landscape. In this environment, renewable energy, distributed generation, and energy storage are essential solutions. For investors focused on long-term
What investment committees often miss: Investing with an operator’s mindset
For investors who are committed to the energy transition, this can be particularly challenging. From installing renewables to introducing electric vehicle fleets, financing the infrastructure transition requires an operator’s mindset that prioritizes lifecycle thinking and stakeholder integration. It’s about asking the hard questions and solving the hard problems: How will this serve our customers for
How our latest investment helps mobilize the green steel market
Last month, Generate announced a $200 million loan to reinforced steel producer Pacific Steel Group (PSG) that will help fund the construction of a new electric arc furnace micro mill in Kern County, CA (Bloomberg, Infralogic). Next week, construction for the project commences. As we prepare for the groundbreaking, we are exploring how the investment
A new way for tax credits to power communities
Though popular, the tax credits were historically cumbersome and complicated, which kept capital on the sidelines. Project developers were required to use complex tax equity structures to monetize these tax benefits efficiently. Tax legislation and guidance led to the emergence of novel financial structures such as the partnership flip, the sale lease-back, and the inverted
Open letter to climate and energy transition leaders
The last three years have made for a crucible moment in the energy transition. The transition has seen incredible momentum, propelled by large capital commitments over the last decade, historic policy support and tons of steel in the ground in projects around the world generating energy from clean sources. Now, we’re entering a new year
Investors and banks are voting for the infrastructure transition with their dollars
Infrastructure investors with strong track records, specialized expertise, attractive returns, large pipelines, and operational and investment experience will continue to garner the backing of large investors and banks. Steel will still go in the ground to build the sustainable infrastructure assets that have created real economic value in communities across the country.   The Policy Outlook