Message to the House of Representatives — President’s Veto of H.J. Res. 39 TO THE HOUSE OF REPRESENTATIVES: “I am returning herewith without my approval H.J. Res. 39, a resolution that would disapprove the Department of Commerce’s rule titled ‘Procedures Covering Suspension of Liquidation, Duties and Estimated Duties in Accord … [continued]
SEIA estimates the proposed 50-250% duties would cause 18 GW of lost solar deployment, equivalent to all U.S. solar capacity installed prior to 2015
Quarterly US solar PV installations fell below 1 gigawatt (GW) in the third quarter for the first time since 2015 due to the impact of the Section 201 tariffs imposed at the beginning of the year and the uncertainty which surrounded their potential introduction
Solar import tariffs imposed by the Trump Administration in January are expected to cost the average residential customer $960 per solar system, adding up to what is essentially a $236.5 million tax imposed on American solar customers.
Suniva, the Chinese-owned, US-based solar manufacturer which instigated the Section 201 trade case that led to the imposition of 30% tariffs on all imported solar cells and modules, has this week been released from bankruptcy proceedings thanks to the intervention of SQN Capital Management.
Chinese domestic demand for solar cells and modules is projected to decline. Combined with the growing protectionism, this is expected to produce a difficult period for the Chinese solar industry, according to reports. They say it looks like gloomy times are coming for the Chinese solar industry. My advice is, “Don’t bet on it.”
A group of 409 clean energy business leaders organized by independent environmental advocacy group E2 has penned a letter to US President Donald Trump opposing his recent decision to impose a 30% tariff on all imported solar cells and modules, warning that the move has the potential to eliminate almost 90,000 American jobs.
New analysis by GTM Research published a day after Donald Trump applied a 30% tariff on imported solar cells and modules shows that the US solar industry will see a 11% decrease in installations over the next 5 years, a reduction of around 7.6 gigawatts of installed solar between 2018 and 2022.
The recently announced 30% solar tariff could be offset and overwhelmed by new plans announced this week by the Rocky Mountain Institute and 35 solar energy industry leaders, which have committed to developing an ultra-low-cost solar product which could significantly reduce costs to the point that fully installed costs would only reach $0.50 per watt.
International manufacturers sent twice as many solar cells and modules to the US in November 2017 as November 2016. Solar panel importers are looking to capitalize on the robust market fundamentals ahead of potential future tariffs, ArsTechnica reported.
