A threat to US solar energy

Association of solar energy producers called an increase in tariffs with a threat to the industry. According to Bloomberg, a group of American companies warned that duties who want to introduce the US Department of Commerce, branches.

According to the estimates of the Association of Solar Energy Manufacturers, new import tariffs from Malaysia, Vietnam and Thailand will lead to an increase in costs, loss of jobs and reduce the number of solar installations by almost a third compared to forecasts for 2022-2023. From these countries in the United States supply 80 percent of products for photoelectric systems.

“This is the most serious threat to our industry with which I ran into over the past 12 years,” said Strata Clean Energy CEO Markus Wilhelm. He added that duties are going to enter at a time when the solar industry has suffered from higher costs for raw materials and transportation.

According to the analyst BNEF Tara Narayanan, duties will not destroy the industry, but make products more expensive for buyers. President Swinerton Renewable Energy George Hershman said that some of the largest solar energy producers will not supply their products due to prospects for introducing new tariffs, but he did not name specific companies.

Reducing the production of solar installations can harm the plans for US President Joe Bayden. Before his administration is acute the question of improving the environmental situation, which largely depends on the growth of the share of solar panels on the market. The US Department of Energy Research has shown that by 2035 solar installations will be able to produce 40 percent of electricity in the country. At the same time, the number of panels in the US increased largely due to lower costs of their production.

/Media reports.