The U.S. may cancel tariffs on double-sided modules

Foreign media reported that the US Solar Energy Industry Association (SEIA) took the lead in launching a joint open letter with 17 renewable energy CEOs, requesting the president to abolish the announcement on raising tariffs on solar panels and canceling tariff exemptions for double-sided solar panels.

It is reported that this announcement was issued by the former US President Trump in October 2020, in the name of protecting the local photovoltaic manufacturing industry in the United States, but it caused very different consequences.

On the one hand, the domestic photovoltaic manufacturing industry in the United States is underdeveloped, and it is difficult to bear the price increase of photovoltaic modules caused by tariff increases; on the other hand, it has also caused legal disputes with neighboring Canada.

With the new President Biden taking office, he first returned to the “Paris Agreement” and then set the United States to achieve 100% carbon-free power generation by 2035, which encouraged the clean energy industry.

But photovoltaics is China’s advantage industry, and local American companies do not have an advantage in the competition. Therefore, they need to import a large amount of photovoltaic modules from China. Tariffs of up to 20% for bifacial modules are like a “gap” among domestic companies in the United States, hindering the further development of photovoltaics in the United States.

Therefore, the American Solar Energy Industry Association led a joint open letter, hoping that the new president can cancel the announcement.

We Slocable believe that Biden has already expressed strong support for the development of clean energy during the campaign. From the perspective of comprehensive cost factors, photovoltaics are very competitive clean energy, which must be the focus of US development. Biden is likely to have I have considered this plan, but busy dealing with other affairs recently. After receiving the joint open letter, there is a high probability that the announcement will be abolished.