The leading crystalline silicon solar manufacturers have shipped a record 500GW of PV modules in 2024, according to a report from analysts Wood Mackenzie.
Tariffs on US imports will increase the cost of US solar PV and energy storage technologies and slow the rate of project development, according to analysis from Wood Mackenzie.
First Solar CEO Mark Widmar has said that the US solar manufacturing industry “remains in a precarious position, despite the passage of the Inflation Reduction Act (IRA)”.