Authors: Funmilayo Fenwa
Abstract: The COVID-19 pandemic represents an unprecedented global crisis that has fundamentally altered economic landscapes across all sectors, with particular significance for renewable energy project finance in the United States. This study examines the multifaceted impacts of the pandemic on renewable energy investment patterns, policy responses, and market dynamics during 2020. Through comprehensive analysis of industry data, policy documents, and market indicators, this research reveals a complex narrative of resilience and vulnerability within the renewable energy finance sector. While overall renewable capacity additions nearly doubled in the first half of 2020, driven primarily by tax credit deadline pressures, total renewable energy investment declined by 20% to $49.3 billion. The pandemic exposed critical dependencies on supply chains, policy incentives, and financing mechanisms while simultaneously demonstrating the sector's inherent stability advantages. This analysis contributes to understanding crisis resilience in clean energy markets and provides insights for policy development in future emergency scenarios.
DOI: http://doi.org/10.5281/zenodo.16994016
