Solar Market and Cost Analysis
Annual Manufacturing Capacity (GWdc)
Domestic Manufacturing
Announcements
Since the IRA's passage, over 85 GW* of manufacturing capacity
has been announced across the solar supply chain, including 18
separate new manufacturing plants.
announced post-IRA
announced pre-IRA
70
60
50
40
30
898280202 2
currently active (float glass)
â– currently active (CdTe modules)
currently active (c-Si modules)
idle (polysilicon)
currently active (polysilicon)
10
0
Polysilicon
c-Si wafers
c-Si cells PV modules
2021 U.S. PV
Deployment
Significant wafer and cell capacity has been announced over
the past 3 months, although the announced capacity is still
below what would be needed to meet even 2021 deployment
via a fully domestic supply chain.
-
Notable announcements in Q4 of 2022 included a:
-
3.3-GW vertical wafer/cell/module facility from Qcells,
- 6-GW vertical cell/module facility from Enel
10-GW wafer facility from CubicPV.
These announcements pre- and post-IRA represent potential
investment in at least 13 states with most slated to begin
operation within the next 2 years.
glass
announced pre-IRA mix of pre- and post-IRA announced post-IRA
Sources: the U.S. International Trade Commission DataWeb, Wood Mackenzie/SEIA: U.S. Solar Market Insight: Q2 2022, and compilation of public announcements (see Appendix). *In
addition to new PV module, c-Si cell, and wafer manufacturing, there is also 6 GW of tracker and 8 GW of inverter manufacturing not graphed.View entire presentation