The US photo voltaic trade shrank by 16% in 2022. It was a unstable 12 months characterised by the anticircumvention investigation, widespread tools detentions at ports and the historic victory of the Inflation Discount Act (IRA). On stability, all of the uncertainty surrounding numerous commerce points in addition to provide chain constraints took their toll on trade development.
Because the trade appears to be like forward to 2023, there’s trigger for optimism. Most anticipate provide chain reduction within the second half of this 12 months as importers fulfill Customs and Border Safety (CBP) necessities and shipments make their solution to challenge websites. However main uncertainties stay concerning new anticircumvention tariffs, home photo voltaic module provide and US Treasury steerage on numerous points of the IRA.
To assist the trade benchmark these uncertainties, we’ve created a set of other situations. In our US photo voltaic market perception 2022 12 months in overview report, created in collaboration with the Photo voltaic Vitality Industries Affiliation (SEIA), we spotlight these forecast situations along with our annual 10-year outlook.
US Photo voltaic Market Perception® is a quarterly publication of Wooden Mackenzie and the SEIA®. Every quarter, we accumulate granular knowledge on the US photo voltaic market from practically 200 utilities, state businesses, installers, and producers. This knowledge supplies the spine of this US Photo voltaic Market Perception® report, wherein we establish and analyze developments in US photo voltaic demand, manufacturing and pricing by state and market phase over the subsequent 5 to 10 years.
Obtain the manager abstract right now.
