{"id":100788,"date":"2022-12-13T07:45:24","date_gmt":"2022-12-13T12:45:24","guid":{"rendered":"https:\/\/www.solarpowerworldonline.com\/?p=100788"},"modified":"2022-12-12T15:51:46","modified_gmt":"2022-12-12T20:51:46","slug":"installed-solar-capacity-down-17-from-last-year-but-still-the-most-installed-electricity-source-in-america","status":"publish","type":"post","link":"https:\/\/www.solarpowerworldonline.com\/2022\/12\/installed-solar-capacity-down-17-from-last-year-but-still-the-most-installed-electricity-source-in-america\/","title":{"rendered":"Installed solar capacity down 17% from last year, but still the most-installed electricity source in America"},"content":{"rendered":"

Supply chain issues and trade barriers contributed to a 17% decrease of installed solar capacity year-over-year in the United States. According to the latest “U.S. Solar Market Insight,<\/a>” released today by SEIA and Wood Mackenzie, the country installed 4.6 GW of solar in Q3 2022, the same amount it installed in Q2 2022 but less than what it installed one year ago.<\/p>\n

\"\"<\/a>

Credit: Namaste Solar<\/p><\/div>\n

Wood Mackenzie said detainments under the Uyghur Forced Labor Prevention Act (UFLPA) are depressing near-term solar installation forecasts and delaying the impact of the Inflation Reduction Act (IRA). The U.S. Dept. of Commerce’s recent decision to apply anti-circumvention tariffs<\/a> on solar products from Southeast Asia presents downside risk to future solar deployment.<\/p>\n

\u201cAmerica’s clean energy economy is hindered by its own trade actions,\u201d said SEIA president and CEO Abigail Ross Hopper. \u201cThe solar and storage industry is acting decisively to build an ethical supply chain, but unnecessary supply bottlenecks and trade restrictions are preventing manufacturers from getting the equipment they need to invest in U.S. facilities. In the aftermath of the IRA, we cannot afford to waste time tinkering with trade laws as the climate threat looms.\u201d<\/p>\n

The residential solar segment, as it is less directly impacted by existing trade issues, saw 1.57 GW of new installations in Q3, marking a 43% increase over Q3 2021.<\/p>\n

\u201cInstallations this year were significantly depressed due to supply chain constraints\u201d said Michelle Davis, principal analyst and lead author of the report. \u201cIt has proven more difficult and time-consuming to provide the proper evidence to comply with the UFLPA, further delaying equipment delivery to the U.S.\u201d<\/p>\n

Forecasts from Wood Mackenzie find that the UFLPA will limit solar deployment through 2023 and mute the impact of the IRA in the near term. The report forecasts the utility-scale solar market to add 10.3 GW of new capacity in 2022, representing a 40% drop from 2021 volumes. By 2024, IRA-fueled growth will begin in earnest, with annual solar growth averaging 21% between 2023 and 2027.<\/p>\n

Even as supply chain constraints slowed the market, solar accounted for 45% of all new electric generating capacity additions through Q3 2022, the most of any electricity source.<\/p>\n

News item from SEIA<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Supply chain issues and trade barriers contributed to a 17% decrease of installed solar capacity year-over-year in the United States. According to the latest “U.S. Solar Market Insight,” released today by SEIA and Wood Mackenzie, the country installed 4.6 GW of solar in Q3 2022, the same amount it installed in Q2 2022 but less…<\/p>\n","protected":false},"author":1401,"featured_media":100408,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":""},"categories":[16],"tags":[],"yoast_head":"\nInstalled solar capacity down 17% from last year, but still the most-installed electricity source in America<\/title>\n<meta name=\"description\" content=\"Supply chain issues and trade barriers contributed to a 17% decrease of installed solar capacity year-over-year in the United States. 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