Demand growth, system constraints, and evolving policy and financing conditions converged to shape clean energy investment in 2025. The latest installment of Crux's industry-leading, biannual report series — based on a dataset representing $55 billion in transactions — examines how those forces impacted clean energy lending, tax equity transactions, and tax credit transfers.
The executive summary is available to download for free. The full version of the report, featuring more than 80 pages of comprehensive market trends and insights — including pricing curves, insurance trends by technology type, and Crux's outlook for the market in 2026 — is only available to Crux platform users. Contact us to get started on the platform today.
