U.S. solar market in flux
Next year will set new records for the U.S. solar market, with 30.4 GW of installations expected. The utility-scale PV pipeline in 2022 is nearly 50% greater than 2021 and 2023, due to the combined effects of pandemic-related supply chain impacts, the solar Investment Tax Credit schedule, and other module procurement challenges. Over the next two years, solar installations will be concentrated in Texas, California, Ohio, Indiana, and Nevada, with large portions of the pipeline being developed by a few key players in each state. IHS Markit’s Eric Wright takes a closer look.
From pv magazine 11/2021 The pipeline shown in the bottom-right chart includes projects that have been approved, are currently under construction, or are completed or operational. These are baseline projects incorporated in IHS Markit’s installation forecast. The 2022 pipeline for utility-scale solar projects planned for completion in the United States is nearly 50% greater than …
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