BREAKING NEWS: BiFacial Solar Panels Beats Trump’s Tariffs, The 25% Import Tax

June 13, 2019
Breaking News from federal trade authorities latest decision on earlier exposed import tariffs on Solar Panels products. According to PV Magazine, the federal trade authorities have now ruled that bifacial solar modules are no longer subject to the Section 201 ruling, which would apply 25% tariff to majority of solar modules imported. This would mean a lot for the market swifts in future, as a module that cost 25¢-35¢ per watt pre-tariff, will now save 6¢ to 9¢/W in the U.S. market by switching to bifacial. For developers seeing all-in pricing around $1 per watt-DC, a system price decrease on this level is significant. Other types also applied for exclusion, but in this ruling USTR declined the requests for exclusion of 72 cell or greater products, without busbars or gridlines panels & suggested that they were unlikely to revisit this. The ruling also excludes “flexible fiberglass solar panels” with “output from 250-900 watts” from the Section 201 tariffs, and those with “spacing greater than 10 mm” between the individuals cells filled by optical film. These tariffs were set in place by Trump Administration in January 2018 in order to secure prices in American market against extremely low price solar panels from China. However experts have different ideas about the motivations behind the decision & its effect on renewable energy market expansion in U.S. & end customers. --------------------***-------------------- Source:@PV Magazine Photo: LG ……………………………………. ‘All rights to go to the author of the news & image as mentioned above’ -------------------------------------------

BREAKING NEWS: BiFacial Solar Panels Beats Trump’s Tariffs, The 25% Import Tax

Breaking News from federal trade authorities latest decision on earlier exposed import tariffs on Solar Panels products. According to PV Magazine, the federal trade authorities have now ruled that bifacial solar modules are no longer subject to the Section 201 ruling, which would apply 25% tariff to majority of solar modules imported. This would mean a lot for the market swifts in future, as a module that cost 25¢-35¢ per watt pre-tariff, will now save 6¢ to 9¢/W in the U.S. market by switching to bifacial. For developers seeing all-in pricing around $1 per watt-DC, a system price decrease on this level is significant.

Other types also applied for exclusion, but in this ruling USTR declined the requests for exclusion of 72 cell or greater products, without busbars or gridlines panels & suggested that they were unlikely to revisit this. The ruling also excludes “flexible fiberglass solar panels” with “output from 250-900 watts” from the Section 201 tariffs, and those with “spacing greater than 10 mm” between the individuals cells filled by optical film.

These tariffs were set in place by President Trump Administration in January 2018 in order to secure prices in American market against extremely low price solar panels from China. However experts have different ideas about the motivations behind the decision & its effect on renewable energy market expansion in U.S. & end customers.
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Source:@PV Magazine
Photo: LG
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‘All rights to go to the author of the news & image as mentioned above’
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‘All rights go to the author of the news and image mentioned above’

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Date: Jun 13, 2019 @ 09:20

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