India’s Solar Industry Is Desperate To Cut Ties With China
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The U.S. solar industry has lately been facing tough times thanks to supply chain constraints and rising costs for developers. A new report by the Solar Energy Industries Association (SEIA) and Wood Mackenzie says that the U.S. market is expected to grow 25% less than previously forecast during 2022 due to a raft of headwinds. Indeed, costs related to utility-scale solar projects had declined by 12% between Q1 2019 and Q1 2021, but the recent spike in the price of materials has erased two years' worth of cost declines. The industry is also…
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