Solar supply chain trouble to ease this year, according to analyst

Wood Mackenzie has predicted solar equipment cost increases will ease back after last year saw the average cost of solar electricity rise for the first time in the Asia-Pacific region.The supply chain problems which helped drive up the cost of solar power equipment last year will ease in 2022, according to Scottish analyst Wood Mackenzie. A note issued yesterday by the U.S.-owned data company, which highlighted how such issues drove up the levelized cost of energy (LCOE) across the Asia-Pacific region in 2021, saw senior analyst Rishab Shrestha state: "Renewables' supply chain bottlenecks are ...

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