Home Electric Vehicle U.S. Commerce Division’s Photo voltaic Tariff Choice Imperils Clear Power Growth

U.S. Commerce Division’s Photo voltaic Tariff Choice Imperils Clear Power Growth

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U.S. Commerce Division’s Photo voltaic Tariff Choice Imperils Clear Power Growth

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WASHINGTON, D.C. — Immediately, the U.S. Division of Commerce issued a closing willpower that sure corporations in Southeast Asia are circumventing Anti-Dumping/Countervailing Duties (ADCVD) imposed on Chinese language photo voltaic merchandise.

Following is an announcement from Abigail Ross Hopper, president and CEO of the Photo voltaic Power Industries Affiliation (SEIA):

“The U.S. Division of Commerce is out of step with the administration’s clear power objectives, and we basically disagree with their determination.

“Auxin Photo voltaic’s allegations of circumvention had been meritless from the start and the inquiries have induced uncertainty within the U.S. market at a time when photo voltaic power is on the rise. The ultimate affirmative determinations solely perpetuate present provide issues, given the dearth of satisfactory home provide of cells and modules.

“The US is experiencing a $20 billion photo voltaic manufacturing renaissance due to insurance policies within the Inflation Discount Act that incentivize non-public funding on this nation. Nonetheless, it would take at the least 3–5 years to ramp-up home photo voltaic manufacturing capability and the worldwide provide chain will likely be important within the short-term. This case will simply make it more durable for American companies to maintain deploying, financing, and putting in solar energy.

“Greater than 263,000 People depend on their photo voltaic and storage job to feed their household and pay the payments, and this case unnecessarily places their livelihood in danger.

“People need ample, dependable, and clear power. This determination strikes the goalpost but once more for the photo voltaic and storage business and can solely undermine the progress of corporations which can be working exhausting to ship American photo voltaic merchandise.”

Courtesy of the Photo voltaic Power Industries Affiliation® (SEIA)


 




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