U.S. Solar Makers Win Ruling on Imports, Sending Case to Trump
International Trade Commission determined that U.S. solar manufacturers are being harmed by imports, advancing a trade complaint to President Donald Trump to decide if tariffs or quotas should be imposed.
- After the 4-0 vote ITC is next set to deliver its recommendations to address import surge to Trump by Nov. 13; Trump will decide remedy after that
- The decision threatens to upend $29 billion U.S. solar industry, most of which opposes the effort; they argue that inexpensive imports have driven a boom in domestic solar projects
- Case brought by Georgia-based Suniva Inc., which is seeking import duties of 40 cents a watt for solar cells, and a floor price of 78 cents a watt for panels
- NOTE: Current average is about 32 cents worldwide
Looks like the growth in clean-energy homes, and the corresponding huge savings to consumers (and the corresponding huge benefits to the businesses where consumers spend those huge savings) is about to slow markedly. :(