"Solar deployments declined on a sequential and YoY basis to 41 MW. Downward pressure on solar demand continued into Q4 as interest rates have remained high."
This isn't an opinion, this is a fact. You could also compare the cost of capital between 3% and 10% and derive a cost per kwh.
From 2021 to 2022 solar PV went from ~161,499 GWh to ~202,080 GWh of net generation (~25.1% increase) [1]. Utility scale went from 112,335 GWh to 140,798 GWh (~25.3% increase) [2] and personal/small scale solar PV went from ~49,164 GWh to ~61,282 GWh (~24.6% increase). New solar PV accounts for 11,058 MW of the total 31,692 MW (~34.8%) capacity additions for 2022 [3] and 24,545 MW of the total 51,490 MW (~47.6%) capacity additions that were planned for 2023 [4].
Tesla Solar accounts for ~1/5 of 1% of solar installation capacity, so it is hardly relevant compared to actual solar energy companies.
[1] https://www.eia.gov/electricity/annual/html/epa_03_01_a.html
[2] Utility Scale Solar includes non-PV, Utility Scale PV numbers derived by subtracting Small Scale Solar Photovoltaic from Estimated Total Solar Photovoltaic
[3] https://www.eia.gov/electricity/annual/html/epa_04_06.html
[4] https://www.eia.gov/electricity/annual/html/epa_04_05.html
Money is not free. Solar is now expensive:
[1] https://www.cnet.com/home/energy-and-utilities/high-interest...
[2] https://www.bloomberg.com/news/newsletters/2023-11-03/invest...
[3] https://finance.yahoo.com/news/solar-stocks-get-hit-as-risin...
[4] https://www.nytimes.com/2023/12/05/climate/renewable-energy-...
[5] https://www.woodmac.com/news/opinion/high-interest-rates-imp...
[6] https://www.ft.com/content/07443afb-b935-492d-8711-8c47e4353...
[7] https://time.com/6281021/renewable-energy-interest-rates/
[8] https://www.fool.com/investing/2024/01/13/why-solar-energy-s...
[9] https://www.solarpowerworldonline.com/2024/01/high-interest-...
[10] https://www.newsweek.com/high-interest-rates-impact-solar-en...