The Harlow Report-GIS
2023 Edition
ISSN 0742-468X
Since 1978
On-line Since 2000
first published week of: 01/23/2023
Utility-Scale Solar Installations Forecasted to Decline 40% in 2022 as Supply Chain Challenges Persist
by Diana DiGangi
Solar capacity added in the U.S. declined by 17% in Q3 2022 compared to Q3 2021, with the market adding 4.6 GW, according to the 2022 U.S. Solar Market Insight by Wood Mackenzie and the Solar Energy Industries Association.
Solar accounted for 45% of new electricity-generating capacity added to the U.S. grid in the third quarter of 2022, “more than any other electricity source,” a report from Wood Mackenzie and SEIA says. But the industry is on track to end its growth streak this fiscal year after a dismal first three quarters.
“Commercial, community and utility-scale solar were all down quarter-over-quarter — an unsurprising outcome given the nearly ubiquitous project delays from supply chain constraints,” the report says.
Utility-scale solar is now forecasted by Wood Mackenzie to total 10.3 GW in 2022, falling 40% compared to the 17 GW installed in 2021. In addition, 2021 utility-scale solar installations already fell short of forecasts by 3 GW due to multiple project delays as a result of cost increases.
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