Solar Sanity is Restored

With solar power blossoming in the United States and the Biden Administration’s Day One vow to supercharge renewables, it came as a shock to learn in late March that the Commerce Department was throwing sand in the gears.  Based on what turned out to be a largely inaccurate interpretation of data offered by an American solar panel manufacturer, Commerce began an investigation that effectively blocked the importing of solar products from Cambodia, Malaysia, Thailand and Vietnam.  The impact was immediate and devastating according to the Solar Energy Industries Association (SEIA):  forecasts for this year and next year being cut by 46%.  The 700 responses from an SEIA survey of industry businesses showed that 318 projects accounting for 51 GW of solar capacity and 6 GWh of attached battery storage were being cancelled or delayed, putting $52 billion of private investment and tens of thousands of jobs at risk.  An independent analysis, from Rystad Energy, found similar catastrophic disruptions as a result. Continue reading

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