As anticipated, the fallout from U.S. President Trump’s decision to impose tariffs of up to 30% on solar imports has been big. The latest reactions include the Korean Government’s announcement that it will file a petition with the World Trade Organization (WTO) and Mexico’s promise of legal action. BNEF, meanwhile, expects module costs to increase by US$0.10/W.
The decision, released on U.S. Trade Representative Robert Lighthizer’s website, could keep current U.S. module manufacturers in business by keeping their cell lifelines open.
A source told pv magazine that the Section 201 decision has been made, but announcement last Friday was delayed. While tariffs will be imposed, they said, the levels and other details will not be the worst-case scenario.
China was the global leader in 2017 clean energy investment, says a new report. On the solar front, the country accounts for 60% of all cell production; and will continue to lead installation developments for at least the next five years. New 2020 targets are expected to be set. In the battery arena, Chinese companies are also set to dominate.
The final deadline for President Trump to impose tariffs, quotas or other sanctions on solar imports will now be January 26, following a request by the U.S. Trade Representative for more information.
With the receipt of the final report by the ITC, the Trump Administration now has 60 days to take action on the Section 201 case. The probability of restrictive tariffs is high.
Report by the China National Renewable Energy Centre (CNREC) and the Energy Research Institute of Academy of Macroeconomic Research urges China to increase the pace of development of its Renewables Energy infrastructure.
Friday’s ruling by the ITC found no injury from several nations including Canada and Singapore, which could exempt imports from these nations from trade action. What does that mean for the U.S. market?
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.