The U.S. president issued a proclamation on Oct. 10 that cites the impact of imported bifacial panels on U.S. solar manufacturing, while also raising the scheduled fourth-year tariff rate from 15% to 18%.
India’s Solar Power Developers Association said that the one-year safeguard duty extension has already driven up capital costs. Any additional tariff barriers would jeopardize the Indian government’s “100 GW by 2022” target, it claimed.
The ‘safeguard’ duty will be levied on Chinese, Vietnamese and Thai solar cells – whether assembled into modules or not – at 14.9% from today and falling to 14.5% in six months’ time. Malaysian products are exempted as their imports have fallen dramatically since the duty was introduced, in July 2018.
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