News Snapshot:
The US solar energy market has recorded its first price increase quarter-over-quarter and year-over-year across every market segment in seven years, according to a new report released by Wood Mackenzie and the US Solar Energy Industries Association (SEIA). The utility-scale sector recorded the highest increase of 6% year-over-year since 2014, according to the study. The increase is due to supply chain constraints, despite the market adding up 5.7GW of solar energy capacity in the second quarter of 2021. This means solar accounted for 56% of all new electricity capacity additions in the US in the first half of 2022, according...
