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Solar expected to see demand boom from Inflation Reduction Act in 2023 as supply chain remains uncertain

Utility Dive · Diana DiGangi Reporter · last updated

One solar COO says there is “no way” that domestic manufacturing capacity can expand in time to meet demand.

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State of Play

Declining costs and government encouragement have resulted in a rapid increase in solar energy production in the United States over the past 10 years, although solar’s share remains small: 1.6 percent of all electricity generation in 2018. That rapid growth is projected to continue.

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