Q is sort of just how much is getting installed versus how much is getting produced. To what extent is solar or has Solar been subject to some of the supply chain bottlenecks that have plagued, like, basically every other industry on the planet this year? Or is solar pretty insulated, and what's happening here is just like, You know, we have more demand than we have supply at the moment.
A So I think solar is worse than most industries. First of all, solar is still, um, affected by disruptions. So if your transformers don't arrive on time, then even if you've got all the other components, you can't finish your project, and that affects your solar. If you're trying to make solar modules and you run out of EVA, then you can't make your solar modules. And so all those little things have made it more difficult to build solar this year, but Also, there is in places inventory buildup. You know, there is, we couldn't, I think, have built 500 gigawatts if we had the modules ready to go either, because of, of, there isn't the labour to install them in all markets, there isn't the grid connection ready to take them, there isn't the permitting. So there are multiple bottlenecks, but the polysilicon one is probably the worst. It takes at least 18 months to build a factory for polysilicon, even in China, and a lot, a lot longer anywhere else. And, There has just not really been enough polysilicon to, to keep the prices low. So I don't think that's been the main thing that slowed things down, but it is also a bottleneck.
AI assessment note: “So I think solar is worse than most industries.”