RT Bloomberg Live (@BloombergLive)"Electric vehicles, renewables - all of that huge chunk of investment still growing. Growing at a tremendous rate," @BloombergNEF's Fauziah Marzuki⏯️ https://t.co/pybnzsnKOu https://t.co/l6VpjoR10L ...

RT Bloomberg Live (@BloombergLive)"If you look at what is happening in the US...the focus is really dialing down on renewables. Asia has continued to say they're committed to a lot of what they said they would do per the Paris Accord." @dbsbank’s Han Kwee Juan #SustainableBizSummit⏯️ https://t.co/vSEJ4lUvOU https://t.co/eIaSCIf1PY ...

Energy Market Outlook - OPEC's world oil outlook forecasts significant energy growth over the next 25 years, driven by a growing global population [1][2] - The report anticipates a 23% increase in energy demand due to population growth, projecting nearly 10 billion people on the planet in 25 years [1][2] - OPEC is bullish on renewables, predicting more growth in renewables than any other single form of energy over the next 25 years [2] - The report highlights the declining use of coal over the next 25 years [9] OPEC's Role and Influence - The report suggests that OPEC plays a crucial role in managing oil market volatility, preventing extreme price fluctuations [6] - Without OPEC as a swing producer, the oil market would experience wild boom-bust price volatility, impacting consumers, producers, and governments [6][8] Hydrogen Energy - Baker Hughes plays a critical role in providing equipment for hydrogen production, including compressors and turbines [3] - Saudi Arabia is investing heavily in hydrogen and is expected to play a significant role in its future expansion [3][4]

Industry Trends & Outlook - Global energy demand is expected to continue increasing, with oil demand extending further into the 2030s, necessitating increased oil and gas production [3] - Significant population and economic growth is anticipated over the next 25 years, primarily in non-OECD nations [6][7] - Saudi Arabia is heavily investing in hydrogen and sees a significant role for hydrogen expansion in the future [4][6] Baker Hughes' Strategy & Opportunities - Baker Hughes plays a critical role in providing equipment and technology for hydrogen, including compressors and turbines [5] - 70% of Baker Hughes' business is internationally focused, with growth opportunities in Southeast Asia, Latin America, Africa, and other developing nations [8] - Baker Hughes' equipment and services are essential throughout the value chain of various molecules, including hydrogen, CO2, and natural gas [9] Policy & Regulatory Landscape - The company believes that the tax credit changes in the United States have maintained many positive aspects, ensuring a continued pipeline of project opportunities [10]

China’s record buildout of renewables may help networks overcome weather-driven demand spikes, according to the research arm of the country’s biggest grid operator. https://t.co/uCZ6c7VSm0 ...

Final GOP bill kneecaps renewables and hydrogen, but lifts nuclear and geothermal | TechCrunch https://t.co/0yOar1ixmd ...

Investment Rating - The Clean Tech industry in North America is rated as "In-Line" [7]. Core Insights - Initial perceptions of the Senate's reconciliation bill were bearish, but subsequent feedback indicates several positive aspects, particularly regarding utility-scale renewables and tax credits [5][9]. - The bill's provisions for projects that have already commenced construction allow them to retain tax credits as originally planned, which is a significant positive for large developers [10]. - There is an expectation of increased demand as developers may rush to meet the 2027 in-service deadline to claim tax credits [11]. - Confidence in power purchase agreement (PPA) prices is high, suggesting that project returns for renewables will remain intact even after tax credits are eliminated [12]. - First Solar (FSLR) is expected to benefit from the full stack of manufacturing tax credits, which could add significant value to its shares [13]. - Clarity on residential solar leasing eligibility has improved, allowing projects to receive tax credits through the end of 2027, positively impacting companies like Sunrun (RUN), Solaredge Technologies (SEDG), and Enphase Energy (ENPH) [14]. Summary by Relevant Sections Industry Overview - The Clean Tech industry is currently experiencing a shift in investor perception due to the latest Senate bill, which has shown some incremental positive feedback compared to earlier drafts [5][9]. Company-Specific Insights - Array Technologies (ARRY.O) is rated "Equal-weight" with a price of $5.90 [69]. - Bloom Energy (BE.N) is rated "Overweight" with a price of $23.92 [69]. - First Solar (FSLR.O) is rated "Overweight" with a price of $165.54, benefiting from potential tax credits [69]. - Enphase Energy (ENPH.O) is rated "Underweight" with a price of $39.65 [69]. - Sunrun (RUN.O) is rated "Equal-weight" with a price of $8.18, positively impacted by residential solar leasing provisions [69].

Core Viewpoint - The energy sector, particularly BP PLC, is facing challenges despite high consumer demand for fuel, primarily due to lower oil prices impacting stock performance [1][2]. Company Analysis - BP has been attempting to reposition itself as a cleaner energy company, but this shift has not been rewarded by the market, especially as operational focus has been compromised [2]. - The transition towards renewables is costly for BP and is negatively affecting its profit margins [2]. - Earnings estimates for BP have been significantly revised downwards, with the Zacks Consensus Estimate dropping from $3.53 to $2.38 over the past 60 days, leading to a Zacks Rank of 5 (Strong Sell) [3]. Industry Comparison - Despite BP's struggles, the company still offers a yield of 6.51%, which is attractive [4]. - Other companies in the Oil and Gas – Integrated – International Peers industry, such as Exxon Mobil and Shell, are performing better and hold a Zacks Rank of 3 (Hold) [4].