According to the US PV Market Insight 2022 report from Wood Mackenzie and U.S. PV industry association, the U.S. PV system installation capacity was 4.6GW in the third quarter of this year,it increased 17% compared to the third quarter in 2021.

Trade barriers and the supply chain disruptions were main reasons for the U.S. decreasing installed capacity of PV systems.The public utility of PV system installation was seriously hard hit,it dropped 36% compared to the third quarter in 2021.

The residential PV system was the only subdivided industry that increased in this historical quarter,which was installed 1.57GW in the third quarter in 2022.It increased 43% compared to the same period last year, and 16% compared to last quarter.

Wood Mackenzie forecasts that the U.S. installed PV system capacity will be sustain 30~40GW each year from 2024.

This forecast didn’t take new anti-dumping and countervailing duties(AD/CVD) into consideration,which could result from the tariff case.The U.S. president Joe Biden ordered a two-year moratorium on new tariffs,and wins time for the U.S. PV industry expansion. But this ban is set to expire in June,2024.

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