# **The Growing Challenge of Solar Power Losses and How It Impacts the Industry**
The solar industry continues to expand at a rapid pace, but growing pains are becoming more apparent. A recent report highlights a concerning trend—solar power losses due to equipment failures, extreme weather, and workforce shortages are costing the industry billions. If you’re considering solar panels for your home or investing in a solar array for home use, understanding these challenges can help you make informed decisions.
## **The Rising Cost of Solar Underperformance**
Global solar industry losses from underperforming solar assets reached nearly $10 billion in 2024. While the problem is growing at a slower rate than in previous years, it still increased by 15%. On average, solar facilities lost $5,720 per megawatt (MW) annually in 2024, up from just $977 per MW in 2020.
This data comes from an analysis of 193 gigawatts (GW) of utility-scale, commercial, and industrial solar projects worldwide. With about 2 TW of installed global solar capacity, these losses represent a significant economic drain for solar companies and investors.
## **What’s Causing Solar Power Losses?**
Several key
Original Article: https://pv-magazine-usa.com/2025/03/05/u-s-solar-facilities-lost-5720-per-mw-to-equipment-underperformance-in-2024/
