Local solar company bracing for new tariff on solar panel imports

Local solar company bracing for new tariff on solar panel imports”

It's hard to tell why he's doing this.

But whatever the reason, the consequences probably won't be severe.

"There's already an equity component when you buy solar".

The American solar industry is shaking its head after President Donald Trump placed a tariff on solar imports.

Suniva and SolarWorld, two foreign-owned manufacturers operating in the U.S., filed a complaint in May 2017 with the U.S. International Trade Commission (ITC), saying that they were forced into bankruptcy because of competition from cheap imports. "On top of this, the tariffs will cause collateral damage by slowing down the installation of solar panels in the United States, destroying more jobs than they create and provoking trade disputes and retaliation". The European Union recently followed suit.

Wilke tweeted about his frustration over the Trump tariffs. United States solar manufacturers such as First Solar will obviously be helped by the tariffs.

"If prices go up, we'll have to charge more".

But in the age of globalization and supply chains, things aren't so obvious.

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For the Moorhead Solar Garden, it depends on how the numbers fall into place.

But the impact on American consumers of higher washing machine prices is immensely greater than the impact of higher solar panel prices.

The tariff will create a number of less-obvious losers as well.

The news is receiving mixed reactions from solar companies across Oregon.

"We knew it was in the works we just weren't sure when it was going to happen", said Dennis Eisenbraun, Moorhead Public Service.

"The president's action makes clear again that the Trump administration will always defend American workers, farmers, ranchers, and businesses in this regard", he said in a statement.

This is why the shale-gas revolution was such a boon for USA manufacturers. Tariffs can't turn back the clock on those advances. If the overall market shrinks to 10 GW in 2018, as GTM Research anticipates, First Solar could fill up to 2.7 GW of that demand, or more in 2019 and beyond, and domestic suppliers will add around 1 GW more.

During the last several years, the solar industry in Texas has grown at a rapid pace.

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Even still, the administration's decision is wrong, and on a couple of counts. The levies should ease pressure on surviving panel makers, but pricier imports will set back most of the sector. By providing best-in-class solar solutions together with excellent service, Sungevity offers consumers the opportunity to substantially offset their energy costs. "In 2017, one of the two remaining US producers of solar cells and modules declared bankruptcy and ceased production".

Solar panels installed by SunPeak on Ale Asylum.

At this point, the march of technology looks to be more important than the vagaries of government policy.

History bears this out.

"About 70 percent of all the solar modules in the world are manufactured in Asia, so the good majority of solar panels that we use in our projects do come from Asia", he said. "Many projects have been in the planning stages for months, if not years, and are not prepared to absorb the hit", she said. But certain parts of the solar industry are going to be hurt badly.

So although Trump's tariffs are unhelpful, they are also not much of a change from the policies of the past several years.

What are the biggest challenges that US solar companies face today?

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