Solar Tariffs Hold Back Q3 Installations, Scramble Project Timelines As Procurement Pipeline Booms

SEIA News Release

BOSTON, Mass. and WASHINGTON, D.C. – The Section 201 solar tariffs took a toll on utility-scale solar installations in the third quarter according to the U.S. Solar Market Insight Report for Q3 from Wood Mackenzie Power & Renewables and the Wood Mackenzie Power & the Solar Energy Industries Association (SEIA). The residential market, meanwhile, continued to stabilize after a down 2017. Overall, the analysts 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. Continue reading here.

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