The Biden-Harris administration recently announced $56 million in funding to fortify innovation in solar manufacturing and recycling. In addition, the Senate passed the historic climate bill, which might accelerate growth in the solar industry.
Although the solar industry witnessed substantial growth over the past decade, supply chain constraints and trade instability have led to price increases. And pricing and procurement challenges are expected to remain this year, leading to the first annual decline in the market in 4 years.
