The rise in solar prices in the US is influenced by the soaring value of the photovoltaic industry chain on the one hand, but more importantly by policy factors. In the first half of this year, the US Department of Commerce launched an investigation into solar products in Southeast Asia, which directly led to the soaring cost of solar production in the US and a large number of stalled solar projects in the US. In the U.S., too, inflation, logistics disruptions and rising labor costs have led to soaring solar costs, reversing a decade of declining costs for the renewable energy sector.

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