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U.S. solar companies warn that proposed tariffs would devastate new projects

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Photo voltaic panels are seen on the Desert Stateline challenge close to Nipton, California, U.S. August 16, 2021. REUTERS/Bridget Bennett

Sept 22 (Reuters) – A U.S. photo voltaic business group warned on Wednesday that tariffs on imported panels from three Asian international locations would jeopardize practically 30% of the photo voltaic capability the nation is anticipated to put in over the subsequent two years.

The Commerce Division is poised to resolve by end-September whether or not to launch a commerce investigation into photo voltaic cells and modules from Malaysia, Vietnam and Thailand. These international locations account for 80% of all panel imports into america, the Photo voltaic Vitality Industries Affiliation (SEIA) stated in an announcement.

In a letter to Commerce Secretary Gina Raimondo, the SEIA stated the duties – proposed by an nameless group of home producers final month – could be devastating to the expansion of the renewable power sector.

“We can not emphasize sufficient how damaging these tariffs could be to our corporations and your complete American photo voltaic business,” stated the letter signed by practically 200 photo voltaic corporations.

The tariffs would jeopardize 18 gigawatts (GW) of photo voltaic tasks by 2023, the SEIA stated, sufficient to energy about 3.4 million houses. The U.S. business is anticipated to put in a mixed 63 GW in 2022 and 2023, based on a forecast from analysis agency Wooden Mackenzie.

Final month, a gaggle calling itself the American Photo voltaic Producers Towards Chinese language Circumvention requested the Commerce Division to research unfair imports from the three international locations. They accuse Chinese language producers of shifting manufacturing to these nations to keep away from U.S. antidumping and countervailing duties on cells and panels made in China.

The businesses calling for the probe and tariffs wouldn’t establish themselves as a consequence of a concern of retaliation within the market.

The petition is the most recent in a string of efforts by the small U.S. photo voltaic manufacturing sector to hunt commerce treatments to permit their merchandise to compete with cheaper Asian panels that dominate the market. SEIA for years has opposed tariffs on photo voltaic imports as a result of these merchandise have fueled the sector’s progress.

Reporting by Nichola Groom; Modifying by Tom Hogue

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