2021 and 2022 were difficult years for new solar farm developments due to the uncertainty of a ITC extension, supply chain issues, and inflation in general.
As we start 2023 these items are becoming more understood and stable. However at the end of 2022 the costs have risen for utility scale projects from the prior year.

As can be seen in the recent SEIA report the Utility scale total prices have increased to over $1/Wdc for a tracking system.
We would believe that we are going to enter into a more stable pricing period starting in 2023 so that developers can better predict their costs and financial models for 20 year returns.
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