Bifacial Panels, Representing 98% Of U.s. Solar Imports, May Soon Be Subject to Tariffs
The Biden Administration is expected to revoke tariff exemptions on bifacial solar modules following a petition led by Qcells, a company with a multi-billion-dollar investment in U.S. manufacturing.
PV Magazine International 6:25 pm on April 18, 2024
The Biden Administration is expected to revoke the tariff exemption for bifacial solar modules imported into the U.S., following a petition from QCell, a large U.S. solar manufacturer. This could lead to higher module prices for U.S. projects and potential new antidumping and countervailing duty tariffs on modules from countries like India.
- Biden Administration plans to revoke tariff exemption for bifacial solar modules
- Petition led by QCell, a major U.S. solar manufacturer
- QCell announced $2.5 billion investment in U.S. operations, making it the first fully integrated silicon-based solar supply chain in the U.S.
- Revoking the exemption could lead to higher prices for U.S. projects and potential new tariffs on modules from countries like India
- U.S. module transactions have slowed as industry waits to see what happens with tariffs in late April
https://www.pv-magazine.com/2024/04/18/bifacial-panels-representing-98-of-u-s-solar-imports-may-soon-be-subject-to-tariffs/