In the long term, Wood Mackenzie said it expects prices to moderate as domestic manufacturing scales and competition increases. However, it added that the phase-out of 45X manufacturing production tax credits (PTCs) in 2030 will add renewed upward pressure. Chinese-headquartered manufacturers accounted for more than 70GW of that total, with products mostly delivered from Southeast Asian facilities. In the last two years, Chinese vendors have accounted for nearly half of the US inverter market share. Earlier today, PV Tech published an analysis piece on last week’s FCC ban (subscription required), covering some of the questions it raised, such as what will be banned, the short- and long-term impacts, and whether it will boost domestic inverter manufacturing, among others.