Developers add less than half of planned US solar capacity in H1: EIA

Over the first six months of 2022, 4.2 gigawatts (GW) of the planned capacity came online, the statistical arm of the Department of Energy said in a report, adding that developers plan to install 17.8 GW of utility-scale solar photovoltaic generating capacity in 2022.

Power plant developers in theUnited Statesadded less than half of the planned solar photovoltaic capacity in the half first of 2022, theUS Energy Information Administrationsaid on Thursday.

Over the first six months of 2022, 4.2 gigawatts (GW) of the planned capacity came online, the statistical arm of the Department of Energy said in a report, adding that developers plan to install 17.8 GW of utility-scale solar photovoltaic generating capacity in 2022.

Preliminary data showed that photovoltaic solar installations from January to June were delayed by an average of 4.4 GW each month, compared with average monthly delays of 2.6 GW during the same period last year.

Factors that could cause delays include supply chain constraints, labor shortages, and high prices of components, theEIAadded.

The report comes as the US Senate this month passed a sweeping $430 billion bill intended to fight climate change, lower drug prices and raise some corporate taxes.

In July, the Biden administration said it would pour $56 million into programs aimed at spurring domestic manufacturing of solar energy products as the United States seeks to move its clean energy sector away from a dependence on Chinese-made goods.

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Stuart Turley is President and CEO of Sandstone Group, a top energy data, and finance consultancy working with companies all throughout the energy value chain. Sandstone helps both small and large-cap energy companies to develop customized applications and manage data workflows/integration throughout the entire business. With experience implementing enterprise networks, supercomputers, and cellular tower solutions, Sandstone has become a trusted source and advisor.   He is also the Executive Publisher of www.energynewsbeat.com, the best source for 24/7 energy news coverage, and is the Co-Host of the energy news video and Podcast Energy News Beat. Energy should be used to elevate humanity out of poverty. Let's use all forms of energy with the least impact on the environment while being sustainable without printing money. Stu is also a co-host on the 3 Podcasters Walk into A Bar podcast with David Blackmon, and Rey Trevino. Stuart is guided by over 30 years of business management experience, having successfully built and help sell multiple small and medium businesses while consulting for numerous Fortune 500 companies. He holds a B.A in Business Administration from Oklahoma State and an MBA from Oklahoma City University.