Technology Credit Union will commit $400 million annually for residential solar loans, as part of an extension of its partnership with Sunlight Financial.
SMA will supply the residential solar company with inverters to accompany solar PV and storage, but details are sparse.
The President’s proclamation provides a path for specific products to apply for exemption from tariffs, which had been sought by both SunPower and the government of Korea. Additionally, imports from a number of developing nations are exempt as long as import levels remain small.
Despite the former governor’s attempt to scuttle RPS reform in the Garden State, the legislature has re-introduced the bill in the new legislative session in the hopes the new governor will sign it into law.
The latest reactions to President Trump’s tariffs on imported solar include the Korean Government’s announcement that it will file a petition with the World Trade Organization (WTO) and Mexico’s promise of legal action.
The Texas-based PV maker plans to reach its full production capacity of 200 MW.
Despite winning concessions from the Trump Administration in the Section 201 case, SEIA is still fighting.
President Trump’s tariff decision was not the worst-case scenario for the U.S. market, but GTM Research says that it will still have effects, particularly in marginal and emerging regional markets.
While it was not the worst case scenario, the solar industry is not at all pleased with the imposition of 30% tariffs in the first year.
The decision, released on U.S. Trade Representative Robert Lighthizer’s website, could keep current U.S. module manufacturers in business by keeping their cell lifelines open.
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