India is going all-in on renewable energy, with big plans to scale up its solar sector. As a part of the move, India is looking to cut ties with China as it prioritizes its domestic solar industry. Some detractors are already questioning how realistic India’s quest for solar independence really is. The U.S. solar industry has lately been facing tough times thanks to supply chain constraints and rising costs for developers. A new report by the Solar Energy Industries Association (SEIA) and Wood Mackenzie says that the U.S. market is expected to grow 25% less than previously forecast during 2022 due to a raft of headwinds. Indeed, costs related to utility-scale solar projects had declined by 12% between Q1 2019 and Q1 2021, but the recent spike in the price of materials has erased two years’ worth of cost declines. The industry is also facing opposition from within: in […]