Solar Panel Tariff Details

The move is a major blow for the 28 billion solar industry which gets about 80 percent of its solar panel products from imports.

Solar panel tariff details. On solar panels trump imposed tariffs of 30 percent in the first year which will gradually fall to half that figure in four years. By year 4 the tariff s impact falls to only 0 04 to 0 05 per watt which results in less than a 2. Those levies were less severe than requested by suniva and. The tempe arizona based manufacturer stands to gain as costs for competing foreign panels rise.

Panel maker first solar inc. Of notable exemption from the tariffs are brazil india south africa and turkey see a searchable list of where solar panels are manufactured here. Although the philippines and thailand are included on the list of gsp countries they account for more than 3 of total imports and will thus still have tariffed cells and panels. The solar energy industries association predicted the tariffs.

Renewable energy companies to cancel or freeze investments of more than 2 5 billion in large installation projects along. This corresponds to a recent analysis conducted by greentech media. President donald trump s tariff on imported solar panels has led u s.