The solar industry has enjoyed years of declining costs. Solar panel prices have plummeted and automation and advancements racking and other components have helped make installation less labor intensive. However, that downward trend may be ending.
The declines in material costs are leveling off. And moving forward, shortages in qualified labor may cause labor costs to rise. But these costs pale in comparison to the cost projects may start incurring to connect to the grid.
The lags in getting interconnection approval are well documented. A new report that analyzed the status of viable renewable development sites in two key states signals a more alarming trend that could make many projects unbuildable. Check out today’s presentation for the details.
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