The U.S. Is Set To Break Another Solar Record Despite Rising Costs

The U.S. Is Set To Break Another Solar Record Despite Rising Costs

OilPrice.com

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New solar power capacity additions in the United States are on track to book a record year despite supply chain disruptions that have seen price spikes that have effectively put an end to the cheap solar narrative. In the second quarter alone, new solar installations rose 45 percent on the year at a total 5.7 GW of installed capacity in both residential and utility-scale installations, energy consultancy Wood Mackenzie said in a joint report with the Solar Energy Industries Association. But this record has been marred by rising prices across the…

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