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U.S. solar installations fell 16% in 2022, but market rebounding -report

New solar installations in the US dropped 16% to 20.2 GW in 2022, utility-scale installations fell by a third and imports of Chinese solar panels are picking up

  • New solar installations in the U.S. dropped 16% to 20.2 GW in 2022.
  • Utility-scale solar installations fell by about a third to 11.8 GW.
  • Residential segment rose by 40%, with a record 700,000 homeowners installing rooftop solar in 2022.
  • U.S. imports of Chinese solar panels are picking up after months of gridlock stemming from the forced labor protection law.
U.S. solar installations fell 16% in 2022, but market rebounding -report
New solar installations in the U.S. dropped 16% to 20.2 gigawatts (GW) in 2022 from the prior year, largely because a ban on some Chinese goods limited the availability of panels, according to a market report released on Thursday.

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