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CERAWEEK: Renewable power undergoing ‘deep industry reset’: NYSERDA official

March 22, 2024 Comments Off

Renewable power is “going through a deep industry reset” in which “nobody’s making any money,” a New York State Energy Research and Development Authority official said during the CERAWeek by S&P Global conference in Houston March 21. Asked how inflation in material and operations and maintenance costs have affected renewable project returns, Georges Sassine, NYSERDA vice president for large scale…