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Supply constraints delaying U.S. solar sector's boom from new climate law -market report

Reuters · Nichola Groom · last updated

Sept 8 (Reuters) — U.S. solar energy project developers will struggle to access equipment supplies for at least the next year, delaying their ability to tap generous new subsidies, because panel imports are being stalled by a new law banning goods from China’s Xinjiang region over forced-labor concerns, according to a report published on Thursday.

 

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Related Knowledge Center: ENERGY BASICS: solar

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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