高盛：研究洞察：2025 年美国绿色资本支出实地考察要点

Investment Rating - The report does not explicitly state an investment rating for the industry or specific companies covered [20]. Core Insights - The demand for power, water, and energy reliability and efficiency solutions is expected to increase, driven by a push to scale clean technology [8]. - Recent legislative changes, such as the House GOP tax bill revisions impacting IRA tax credits, are likely to influence the solar sector positively [8]. - Insights from corporate conversations and EU Green Capex meetings indicate a bullish outlook on green capital expenditures [8]. Summary by Relevant Sections - Green Capex Field Trip: The discussions highlighted the importance of scaling clean technology and the growing demand for energy solutions across major U.S. cities [1][8]. - Legislative Impact: The passage of the House GOP tax bill with revisions affecting IRA tax credits is a significant development for the solar industry [8]. - Market Themes: The report emphasizes the transformation of the global power grid and the investment opportunities arising from this shift [8].