In the second half of 2017, a number of utility-scale PV solar projects were awarded contracts with record low PPA prices for the US market. The decline of PPA prices has been primarily driven by continued technology and manufacturing innovation across the value chain. What is striking about the announced prices for these utility-scale plants is the timeline in which these deals have been made. Despite the strategies developers may have for their projects, success may ultimately depend on how stringent the remedies for the trade case will be.
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