U.S. solar installations fell 16% in 2022, but market rebounding -report

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U.S. solar installations fell 16% in 2022, but market rebounding -report
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New solar installations in the U.S. dropped 16% to 20.2 gigawatts in 2022 from the prior year, largely because a ban on some Chinese goods limited the availability of panels, according to a market report

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The quarterly report by the Solar Energy Industries Association and research firm Wood Mackenzie revised up previous estimates for the year and projected a broad market recovery ahead as the country's solar industry was"While 2022 was a tough year for the solar industry, we do expect some of the supply chain issues to ease, propelling 2023 growth to 41%," said Michelle Davis, principal analyst at Wood Mackenzie and lead author of the report.

Utility-scale solar installations fell by about a third year-over year to 11.8 gigawatts, the lowest since before the COVID-19 pandemic, the report said. Still, last year's general upward revision was a result of more utility-scale projects coming online in the last quarter of 2022 than expected.

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Or because if everyone puts them in electric companies won’t make money so all those incentives are going away?

Ugh

They’re ugly and take up natural space where green things should grow.

Cutting off one's nose to spite one's face. Makes you wonder how they got 'super power' status.

😁

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