The company blamed interconnection costs along with global supply chain and production issues, and tariff and trade disputes.
The milestone includes 20 GW of sales for TrueCapture, the company’s smart control software.
Also on the rise: SEIA urges an end to Section 201 tariffs on solar imports, CATL signs a battery deal with startup EV maker Fisker, and Solar Landscape wins 46 community solar projects in New Jersey.
The award totals just under one-third of all community solar capacity in the second year of New Jersey’s now-permanent community solar program.
Also on the rise: Utilities tap batteries for a growing list of grid services, and Amazon backs a transformer-based EV fast charger startup.
The state’s popular community solar program is here to stay, and one SEIA representative stated that the goal is to add a minimum of 150 MW annually.
The framework includes a 10-year expanded tax credit for utility-scale and residential clean energy, transmission and storage, clean passenger and commercial vehicles, and clean energy manufacturing.
Analysis by Rystad Energy said that commodity price inflation and supply chain bottlenecks could lead to the postponement or even cancelation of some projects.
The largest single-quarter drop in three years comes as the American Solar Manufacturers Against Chinese Circumvention propose greater tariffs against Asian-imported modules.
The new rates will help to support the expansion of two of the utility’s prominent solar programs, 30-by-30 and the SolarTogether community solar initiative.
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