The U.S. Clean Energy Industry’s growth prospects have changed dramatically with the IRA’s Senate Passage

Essentially, the IRA authorizes a wide range of climate related investments with the potential to touch every industry in the United States. The projected impacts are massive. The bill tucks away a ton of manufacturing/industrial policy throughout its subsidies, and offers up over $60 billion in direct subsidies for the manufacturing of clean technology. There is a concerted effort in this bill to reshore clean technology mineral mining/processing and manufacturing back to the U.S, and clear, massive stimulus for an explosion of renewable/zero-emission technology.

Impossible to know exactly how this will impact the market over the next ten years, but this is a massive tailwind for any properly positioned company, as evidenced by First Solar's 40% gain in the last month