The US Solar Supply Chain Under More Protectionism

Report Summary:

The US solar manufacturing industry is in a precarious position. US solar manufacturing has expanded considerably, thanks to the IRA. However, as the global supply chain has expanded in the last two years, particularly in China, global prices for solar components have fallen dramatically, putting intense pricing pressure on domestic manufacturers. At the same time, many in the solar industry expect increasingly more trade actions in the future, which impact solar developers and domestic manufacturers. If this were to play out, what would it mean for the longer-term growth of the burgeoning US domestic manufacturing industry? How would this impact pricing for the US solar market? And most importantly, how should buyers adapt their procurement strategies in this scenario? This insight explores these questions.