The installation of wind and solar power projects is slowing down in the United States, with some projects being canceled over persistent cost issues and community animosity.
New utility-scale solar installations are estimated to have fallen by 40 percent in 2022 compared to the previous year, according to a report from research firm Wood Mackenzie. Utility-scale solar deployments in the third quarter of 2022 were 36 percent lower when compared to Q3, 2021, and 9 percent lower compared to Q2, 2022.