News

The US Solar Energy Industry Is Estimated To Grow 25% in 2022, Lower Than Expected

Dec 30, 2021Leave a message

The U.S. solar energy industry is expected to grow by 25% in 2022


According to a comprehensive US media report on December 14, the report released by the American Solar Energy Industry Association and Wood Mackenzie Energy Consulting Company shows that the US solar energy industry will grow by 25% in 2022, but is subject to supply chain restrictions, rising raw material costs and trade uncertainty Impact, the growth rate is lower than originally expected.


In the third quarter of this year, the cost of solar energy for utilities, commercial and residential buildings continued to rise following the second quarter. The number of installed solar energy in the United States increased by 33%. According to data from the American Public Power Association, the total power generation in the United States was about 1,200 GW. Public utilities in the third quarter of this year Solar power generation is about 3.8GW and residential solar power generation is about 1GW. In addition, due to power transmission line problems and equipment delivery delays, the proportion of commercial and residential solar power generation equipment installations has dropped by 10% and 21%, respectively.


The "Build Back Better Plan" promoted by the US Biden government includes investment tax credits for the solar energy industry. Once legally effective, it will help the long-term and sound development of the US solar energy industry. Wood Mackenzie Energy Consulting predicts the United States From 2022 to 2026, the number of installed solar energy will increase to 43.5GW.


Send Inquiry