On track to miss president’s 2035 target by huge margin
Solar panel installations are set to decrease in 2022 off of major supply chain issues and rising prices caused by inflation, according to an industry report.
New utility or large-scale industrial solar installations are expected to experience a decline of 14% year-over-year in 2022, the report published Thursday by the Solar Energy Industries Association (SEIA) and Wood Mackenzie showed. Utility-scale solar projects saw an average price increase of 18% over the last year.
While industrial solar production increased in 2021 — companies installed 17 gigawatts of capacity — the industry still installed 3 gigawatts fewer than expected, according to the report. The projection miss was thanks to supply chain issues and price fluctuations which led to project delays and cancellations that are expected to continue into 2022.
“The supply chain constraints of the last year will hit 2022 installations the hardest, reducing capacity by 7% compared to 2021,” Michelle Davis, principal analyst at Wood Mackenzie and lead author of the report, said in a statement.
WHOLE Frigg’in country is CRATERING under the Dictator BIDEN !!!!!
The Democrat Party is the ISSUE !!!!! Needs to be Banned as an Anti-American Party !!! FACT
America needs a New WAY to FIRE On the SPOT any and ALL Politicians & Judges as
Needed !!!!!
Like Any other JOB !!!! SOLVED