Solar Industry Faces Challenges Due to Pandemic and Government Policies

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#solar industry #covid-19 #government policies

US solar energy growth to slow as Washington priorities shift
on solar equipment, and the coronavirus pandemic. This is according to a report released by the Solar Energy Industries Association (SEIA) and Wood Mackenzie. The report predicts that solar installations will only increase by 37% from 2020 to 2025, compared to a 54% growth from 2015 to 2020. This slowdown will result in a loss of 10.5 gigawatts of solar capacity, which is enough to power roughly 1.8 million homes. The major factor contributing to this decline is the federal government's focus on promoting traditional energy sources, such as coal and natural gas. The Trump administration's decision to impose tariffs on imported solar panels has also significantly impacted the solar industry's growth. The report also highlights the impact of the COVID-19 pandemic on the solar market, which has led to supply chain disruptions and delays in project timelines. Despite these challenges, the solar industry remains optimistic and determined to continue its growth. The report notes that the industry still expects to add 18 gigawatts of new solar capacity in 2020, making it the second-largest year for solar installations in U.S. history. The solar industry is also advocating for policies that support renewable energy, such as extending the Investment Tax Credit and lifting tariffs on solar equipment. The SEIA and Wood Mackenzie report highlights the need for continued support and attention from the government to ensure the growth of the solar industry and its contribution to the U.S. economy. As the world moves towards a more sustainable future, it is crucial for the U.S. to prioritize and invest in renewable energy sources, including solar power."

About the People Mentioned

Nichola Groom

Nichola Groom is an energy and climate reporter for Reuters, recognized for her journalism on environmental and energy issues. She is a member of The NewsGuild of New York. In recent events, Groom and her family were directly impacted by the 2025 wildfires in the Los Angeles area, specifically the Eaton fire, which destroyed their home in Altadena. They have since relocated temporarily while rebuilding their lives, with a public update highlighting their resilience and gratitude for community support. Additionally, Groom was notably present in Hawaii during a tsunami warning, reporting firsthand on the situation while on vacation, demonstrating her role as an on-the-ground journalist covering urgent events[2][3]. There is no indication that she is related to Nicholas Michael Groom, the English Literature professor known as "Nick Groom," who is a distinct individual specializing in literary studies and cultural history[1]. Nichola Groom’s contemporary relevance stems from her active reporting in climate and energy sectors and her recent experiences with natural disasters, underscoring her real-world connection to environmental issues. Her work contributes to public understanding of climate change and energy challenges, with her reporting providing insights into the human impact of these crises. This combination of professional expertise and personal experience positions Nichola Groom as a notable figure in environmental journalism today.

About the Organizations Mentioned

Reuters

**Reuters** is a leading global news agency founded in 1851 by Paul Julius Reuter, a German immigrant who innovatively combined telegraphy and carrier pigeons to transmit financial and news information rapidly between cities like London and Paris[1][2][4]. Starting from a modest office in London’s financial district, Reuters quickly gained a reputation for speed, accuracy, and impartiality, exemplified by its early scoop on the death of U.S. President Abraham Lincoln in 1865, beating competitors by hours[1][2]. Historically, Reuters evolved from a commercial news service focused on stock prices for banks and brokerage houses to a comprehensive international newswire serving newspapers worldwide. Its expansion reflected the growing importance of timely, reliable news in business and global affairs[2][3]. The company’s independence and editorial integrity have been safeguarded since 1947 by the Reuters Trust Principles, which commit Reuters to unbiased and accurate reporting[4]. Today, Reuters operates as part of Thomson Reuters, a Canadian multinational headquartered in Toronto. It is recognized as the largest global news agency, with over 2,600 journalists in 165 countries producing around 2 million unique news stories annually in 12 languages[5]. Reuters embraces cutting-edge technology to deliver breaking news, multimedia, and authenticated content to media, technology firms, governments, and corporations, ensuring fast and seamless distribution[5]. Notable achievements include winning over 300 journalism awards in the last decade, such as the 2024 Pulitzer Prizes for National Reporting and Breaking News Photography, and the George Polk Award for Business Reporting, underscoring its leadership in business and technology journalism[5]. Reuters continues to innovate, recently unveiling AI tools to enhance video production and engagement, reflecting its commitment to shaping the future of news in a digital age[5].

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