1,200%. According to Bloomberg New Energy Finance, that’s how high imports of Chinese modules rose in the fourth quarter last year in a desperate attempt to stockpile sufficient numbers before tariffs choked off international supplies.
Due largely to write-downs the high-efficiency PV maker lost a whopping $750 million during Q4 2017, as it sells off assets.
Following the introduction of 30% graduated tariffs on U.S. imports of solar cells and modules, the European Union and China have joined South Korea and Taiwan in filing a complaint with the World Trade Organization.
The latest analysis by current and former GTM Research executives argues that there is insufficient economic reason to manufacture solar in the United States.
With only 87 MW deployed, Tesla/SolarCity may no longer be the largest distributed solar company in the United States, but its energy storage business is growing.
The hangover from the ITC-driven 2016 boom is the biggest factor in the relative decline, but a rebound is expected this year.
The expansion to 400 MW will make Mission the fourth-largest PV module maker in the nation.
Taiwan has filed a complaint with the WTO over the Trump Administration’s decision to impose safeguard tariffs of up to 30% on crystalline silicon solar cell and module imports.
Longi Solar’s planned PV fab in Andhra Pradesh will manufacture 500 MW of cells and 500 MW of modules. The facility will seek to take advantage of India’s partial exemption from the recent U.S. solar tariffs under Section 201.
The newly minted merger of Neo Solar Power, Gintech and Solartech is planning a module factory, the second such factory to be announced by a large Asian PV maker since tariffs were finalized.
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