Keith Plume of PayneCrest Electric Company checks that solar panels are lined up correctly at the Ameren O’Fallon Renewable Energy Center in O’Fallon, Missouri. File Photo by Bill Greenblatt/UPI | License Photo
March 10 (UPI) — The cost of solar energy increased over the past year because of “unprecedented supply chain challenges,” a report released Thursday found.
Solar prices increased up to 18% “due to unprecedented supply chain challenges, trade actions and legislative uncertainty,” according to the U.S. Solar Market Insight 2021 Year in Review report, which Solar Energy Industries Association and Wood Mackenzie released Thursday.
A third of all utility-scale solar capacity slated for completion in the fourth quarter of 2021 was delayed by at least a quarter and 13% of capacity slated for completion in 2022 was delayed by a year or more due to these…