The U.S. Solar Industry went through a rough patch last year. The National Solar Jobs Census by the Solar Foundation is out and it shows that there was a 3.8 percent decline in the solar jobs in 2017. This could be due to adjustments made in the 2016 solar boom in the country. It could also be due to the slowing down of sales in the established solar markets in the country.
This is the first time that the industry has seen so many job losses since the National Solar Jobs Census was recorded in 2010. As many as 9,800 jobs were lost by the solar industry in the 2016 to 2017 period.
Apart from this, last year also saw some of the companies showing bankruptcies and glitches. Even leading companies like SolarCity were not able to bring in many new customers to their fold in 2017.
Allison Mond, the GTM Research Analyst, said that 2016 was a very big year for everyone involved with solar. It is really hard to keep to that pace. Everyone knew that it would be tough to sustain that solar demand and supply in 2017. He feels that this setback is for short-term and does not indicate any greater danger.