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U.S. solar prices still soaring as projects stalled

Reuters · last updated

U.S. solar energy contract prices have soared by a third over the past year as project developers have struggled to get imported panels, according to a report published late on Monday.

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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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