With a huge increase in demand, the solar industry finds it struggling to keep pace. Soaring prices for raw materials, labor shortages, and logistical hurdles are hitting the solar panel production supply chain hard.
Several factors are causing this rising demand. Governments worldwide are racing to increase clean energy use to combat climate change. Many nations are aiming for net-zero emissions, and solar power is a key player in these plans.
The pressure on the solar industry is also being felt by manufacturers who are unable to keep up with the orders. Consequently, they’re grappling with plant shutdowns and shipping issues. This is delaying solar power projects globally.
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