The US solar industry had the most growth of any quarter in its history in Q1 2023, as delayed projects from 2022 came online and supply chain constraints showed signs of loosening.
Utility-scale solar PV capacity added in 2022 reached nearly 13GW in the US, a drop from the previous year as supply chain constraints, and sourcing difficulties for solar panels slowed down the pace.
The majority of the US solar industry has said that supply chain issues worsened in 2022, whilst a similar proportion also said that they expect to expand their businesses in 2023 directly because of the Inflation Reduction Act (IRA).
GoodWe has announced a collaboration with semiconductor and system solutions provider Infineon Technologies for application development, new technologies and products, with the two companies working together to provide efficient solutions to the market amid increasingly intense competition.
A combination of supply chain disruptions and extreme weather events that damage operational assets can lead to extended solar project downtimes. Rosa van Reyk, a senior underwriter at GCube Insurance, explores how the industry can ease supply chain pressure by rethinking cost efficiency and increased collaboration between developers and insurers.
A combination of supply chain disruptions and extreme weather events that damage operational assets can lead to extended solar project downtimes. Rosa van Reyk, a senior underwriter at GCube Insurance, explores how the industry can ease supply chain pressure by rethinking cost efficiency and increased collaboration between developers and insurers.
Nanjing-based C&D Clean Energy has announced a strategic partnership with T Dinamik, a Turkish renewable energy investor and trading company, and KSTAR, a leading Chinese brand in PV inverters and accessories. Under the agreement, C&D will provide supply chain services for T Dinamik with KSTAR’s string inverters and accessories in 2023, with the Turkish company also being appointed KSTAR’s exclusive local distributor.
The combined effects of the ongoing anti-dumping and countervailing duty (AD/CVD) tariff investigation and the Uyghur Forced Labor Prevention Act (UFLPA) curbed US solar deployments in 2022, according to a joint report from the Solar Energy Industries Association (SEIA) and Wood Mackenzie.
