Solar Panel Tariff Decision

The final tariff will have significant negative impacts on.

Solar panel tariff decision.

The ministry of new and renewable energy is likely to clarify the matter of basic customs duty bcd on imported solar equipment within the next two months. A 20 percent basic customs duty had been announced in the last budget but has not been imposed yet. 2 big winners from president trump s latest solar tariff decision u s. International trade commission itc after two solar manufacturers suniva and solarworld filed a petition seeking tariffs.

Judge katzmann of the court of international trade blocked ustr from closing the bifacial panel exception. The ustr will now engage in additional negotiations that could resolve earlier. 23 2018 president trump signed a proclamation that placed tariffs on imported solar cells and modules for a period of four years. Statement from the ustr.

Developers have been keenly awaiting such a clarification since the duty will impact their cost of setting up a project and. Trade representative and this administration in reaching today s decision and the president s recognition of the importance of solar manufacturing to america s economic and. Court of international trade has ruled that bifacial solar panels will continue to enter the country tariff free. Trump s solar decision comes almost nine months after suniva inc a bankrupt u s.

In the solar panel case massive chinese government subsidies and industrial planning were blamed for a surge in china s production of solar cells and modules and the demise of up to 30 u s. This decision came on the heels of a nearly 9 month case before the u s. Solar manufacturing got a big boost today. Utility scale solar developers would see bifacial solar panel imports as the.

President trump on monday imposed tariffs of 30 percent on imported solar panel technology in a bid to protect domestic manufacturers while signaling a more aggressive approach toward china. Module manufacturer with a chinese majority owner sought import duties on solar cells and panels. Trump administration issues 30 solar panel import tariff the decision includes a quota for imported solar cells. Ustr strongly disagrees with judge katzmann s analysis.

Juergen stein ceo and president of solarworld americas one of the panel companies that submitted the tariff request to the government solarworld americas appreciates the hard work of president trump the u s.