Over the past two decades, the renewable energy sector has been besieged by a smorgasbord of challenges, including regulatory issues, U.S. sequestration, overcapacity, bankruptcies, and even the lure of other cheap energy solutions. However, Renewable Energy 2.0 could very well fall victim to Wall Street’s newest bogeyman: Overvaluation and poor fundamentals. Over the past three years, the stock markets have been running amok; yet the S&P 500 looks headed for yet another gangbusters performance during president Biden’s…
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