SolarEdge sees U.S. solar growth slowing in 2023, Asia, Europe markets to surge By Reuters


© Reuters. Alexis Ventura and Nelson Barrios carry out a solar panel installation. Picture taken November 16, 2021. REUTERS/Susana Vera

NEW YORK (Reuters) – Growth in the U.S. solar industry is expected to decelerate in 2023, while Asian and European markets are poised to surge, SolarEdge Chief Financial Officer Ronen Faier said on Thursday.

High prices and regulatory uncertainties will constrain U.S. solar expansion, while some solar markets in Europe, including in Germany, could jump by more than 100 percent over the year, Faier told investors at a Goldman Sachs (NYSE:) conference in Miami, Florida.

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