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Trump’s Solar Tariffs Blamed for 15 Percent Decline in Large-Scale Solar Installations in Q3 2018
Renewable Energy World: On Thursday, Wood Mackenzie Power & Renewables and the Solar Energy Industries Association (SEIA) reported results of their analysis of U.S. solar installations in the third quarter of 2018. While large-scale solar installations fell, the residential market continued to stabilize after falling in 2017, said the analysts. Overall, they said they expect 2018 growth to be flat.
For the first time since 2015, quarterly additions of utility-scale solar photovoltaics (PV) fell below 1 gigawatt (GW), highlighting the impact of the tariffs and the uncertainty surrounding them in late 2017 and early 2018. As a result, the U.S. solar market was down 15 percent year-over-year in the third quarter of the year, but the report notes that a strong project pipeline lies ahead.
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