Also on the rise: Utility-scale solar interconnection costs up as much as 400%. Researchers assess degradation in PV systems older than 15 years. And more.
Biden vetoed the repeal, saying it would undermine the efforts to ramp up domestic manufacturing to support a burgeoning solar industry and would create uncertainty for businesses and workers in the U.S. solar industry.
Also on the rise: Average silver price expected to drop 2% to $21.30 per ounce this year. Solar Earnings Recap–SunPower, Sunrun and SolarEdge. And more.
The United States Senate voted to overturn President Biden’s two-year pause on tariffing solar goods shipped from four Southeast Asian nations responsible for 80% of solar supply. Biden is expected to veto the resolution.
Also on the rise: First Solar released Q1 2023 earnings with guidance on the advanced manufacturing production tax credit from the IRA
President Biden’s two-year halt on solar import tariffs is intended to create a bridge of supply as the U.S. ramps its domestic manufacturing capacity.
More than 400 companies sent a letter saying that repealing the two-year solar tariff moratorium would eliminate 30,000 jobs, including 4,000 manufacturing jobs.
A significant volume of solar cells and wafers made in southeast Asia by the largest solar manufacturers in the world, including Jinko, JA Solar, LONGi, Trina, may have the opportunity to legally avoid the tariffs.
Also on the rise: Tigo Energy to go public in Q2 2023. Best practices for planting a pollinator-friendly solar project. And more.
The ruling is a mistake that the solar industry will have to deal with for the next several years, according to a solar trade group CEO.
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