US solar installations expected to jump 52% to nearly 32 GW in ...

The US solar industry is expected to bounce back in 2023, with installations predicted to reach 28.4 GW, according to a report by the Solar Energy Industries Association (SEIA) and Wood Mackenzie. The report stated that the industry outperformed previous forecasts and credited the Inflation Reduction Act with spurring growth. However, market volatility is likely to persist due to ongoing supply chain difficulties and rising prices. The report also noted that the US solar industry has faced challenges including disruptions caused by the pandemic and investigations into forced labor and circumvention of tariffs.

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