Solar Market and Cost Analysis

List of Acronyms and Abbreviations AD: antidumping ac: alternating current ASP: average selling price BGS: Boston Government Services, LLC CapEx: capital expenditures c-Si: crystalline silicon C&I: commercial and industrial CC: combined cycle CBP: U.S. Customs and Border Protection CdTe: cadmium telluride CEC: California Energy Commission CPUC: California Public Utility Commission CSP: concentrating solar power CT: combustion turbine CVD: countervailing DAC: disadvantaged communities dc: direct current DOE: U.S. Department of Energy EIA: U.S. Energy Information Administration ETF: exchange traded fund GW: gigawatt GWh: gigawatt-hour H1: first half of year H2: second half of year HTS: harmonized tariff schedule IEEFA: Institute for Energy Economics and Financial Analysis IRA: Inflation Reduction Act of 2022 IRS: Internal Revenue Service ITC: investment tax credit kW: kilowatt kWh: kilowatt-hour LBNL: Lawrence Berkeley National Laboratory LIBOR: London interbank offered rate MPTC: manufacturing production tax credit MW: megawatt MWh: megawatt-hour NEM: net energy metering NREL: National Renewable Energy Laboratory OpEx: operating expenditure PPA: power purchase agreement PTC: production tax credit PV: photovoltaics Q: quarter q/q: quarter Over quarter R&D: research and development SEIA: Solar Energy Industries Association SETO: Solar Energy Technology Office SOFR: secured overnight financing rate SREC: solar renewable energy certificate TAN: Invesco Solar ETF USD: U.S. dollars USDA: U.S. Department of Agriculture W: watt WRO: withhold release order y/y: year over year YTD: year to date NREL 53

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