The coronavirus outbreak in China could raise solar module prices in the near term as manufacturers have already begun experiencing wafer and solar glass shortages. Production rates are also being affected by an extended new year holiday introduced by the authorities as a measure to deal with the virus, and the requirement workers from infected areas quarantine themselves for two weeks.
Roth Capital Partners forecasts 25% year on year growth in both 2019 and 2020 for the U.S. residential solar power market. The firm notes that executive interviews are saying Roth’s projections are conservative, suggesting growth in the 30-50% range.
A research note by Roth Capital Partners predicts the residential storage market in the United States to grow more quickly than expected. This prediction is founded just as much in disaster mitigation as it in economic viability.
While President Trump has a range of options, all likely scenarios seem likely to result in a modest increase in the cost of solar installations.
Solar advocates across the country are desperately reading tea leaves to figure out what the president-elect will do with solar — and no one really knows
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