The outlook for U.S. utility-scale solar has improved on easing supply chain problems, but near-term residential solar growth may be hurt by rising interest rates and changes to California’s net metering policy, Morgan Stanley analysts said in a report Monday.
The investment firm’s analysts said at the start of the year they were worried about the effects of the Uyghur Forced Labor Prevention Act, which resulted in shipments of imported solar panels being held by U.S. Customs and Border Protection, leading to project delays.
