Solar Delays- plant developers plan to install 17.8 gigawatts (GW) of utility-scale solar photovoltaic (PV) generating capacity in 2022
Power plant developers plan to install 17.8 gigawatts of utility-scale solar photovoltaic generating capacity in 2022, according to our June 2022. Over the first six months of 2022, 4.2 GW of that capacity came online, less than half of what the industry had planned to install in those months. From January through June 2022, about 20% of planned solar photovoltaic capacity was delayed.
Our preliminary data from January through June 2022 show that PV solar installations were delayed by an average of 4.4 GW each month, compared with average monthly delays of 2.6 GW during the same period last year. In most cases, reported delays are for six months or less. Various factors could cause delays, including broad economic factors, such as supply chain constraints, labor shortages, and high prices of components, and factors specific to electric generator projects, such as obtaining permits or testing equipment.
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