US solar forecast ratcheted down as tariffs restrict investment


LOS ANGELES: US solar energy installations will grow slower than previously expected in the coming years due to the Trump administration’s tariffs on panel imports and new federal tax laws that will restrict investment in the clean energy source, according to a report.

Installations between 2018 and 2022 would be 13% lower than originally forecast, GTM Research said in the quarterly solar market report it conducts for industry trade group the Solar Energy Industries Association.

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