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Is solar stock shortage a concern for Australians?

The recent historic climate bill passed in America will have a ripple effect on the solar industry in Australia. The US is the 2nd largest country of solar energy production and now they have committed to tripling their clean power production. Australia is ranked 8th in the world so in a nutshell, we have a small market share in the global market therefore, stock will be shipped to where the demand is greater.

Combine this with China's 80% control of global supply chains of solar manufacturing with production bottlenecks, then there is a concern about what solar product options will be in the near future. We already have a stock shortage in Australia and some products have been on back order since the start of 2022.

So, while higher consuming countries around us race towards clean energy renewables, it may be predestined that quality product options will be meager.

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