U.S. solar panel installations plummeted in 2022 as lingering supply chain issues hindered the industry, although forecasters anticipate a bounceback and significant growth over the next decade, according to a joint report from the industry trade group Solar Energy Industries Association (SEIA) and research analytics firm Woods Mackenzie released Thursday.
The primary cause of the decline was a significant disruption in the solar panel supply chain caused by detentions of Chinese solar panel materials by U.S. Customs and Border Protection over concerns that the products were developed by the forced labor of Uighur muslims, according to the report. While 2022 was a “tough year” for solar, supply chain issues are expected to be resolved in 2023, leading to a 41% surge in installations, Michelle Davis, principal analyst at Wood Mackenzie and lead author of the report, said in a press release Thursday.
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