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Market impacts from the recent flurry of solar policy actions

The U.S. had an extremely busy week of policy changes, including AD/CVD, domestic content, bifacial panel exemptions, and changes to 301 tariffs.

The U.S. multi-pronged approach to onshoring solar manufacturing

The U.S. aims for a domestic solar supply chain, but the industry’s capacity to serve the early stages in solar manufacturing are minimal. Will its recent industrial policy efforts make a difference?

Sunrise brief: U.S. government doubles tariff rates on PV cell imports from China to 50%

Also on the rise: Midea unveils outdoor residential heat pump. Catalyze secures $100 million to support 79 MW New York solar portfolio. And more.

Midea unveils outdoor residential heat pump

Midea says its new outdoor residential Evox G3 Heat Pump ranges in size from 1.5 tons to 5 tons, with a coefficient of performance of 1.8. It features enhanced vapor injection technology and uses A2L as the refrigerant.

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U.S. government doubles tariff rates on PV cell imports from China to 50%

The administration of President Joe Biden raised tariff rates on PV cell imports from China from 25% to 50%. It also increased the tariff rates for semiconductors, electric vehicles, and EV batteries from China, among other goods.

Energy transition needs batteries… and more batteries

A recent IEA report says China holds all the cards in chemistry and production.

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Sunrise brief: Sungrow posts $1.3 billion profit for 2023

Also on the rise: Major defense company plans to cut emissions almost in half by investing in renewables. New green bank to support distributed solar and storage in the Appalachian region. And more.

South Korea plans 120 GW space solar project

Two Korean research institutes are designing the 2.2 km × 2.7 km Korean Space Solar Power Satellite project with the aim of providing approximately 1 TWh of electricity to the Earth per year. The proposed system should use 4,000 sub-solar arrays of 10 m × 270 m, made out of thin film roll-out, with a system power efficiency of 13.5%.

Petition filed to enforce antidumping tariffs on solar imports

A coalition of U.S. solar manufacturers submitted a request for investigation of alleged dumping of Chinese goods in four Southeastern Asian nations responsible for roughly 80% of U.S. solar panel supply.

CATL unveils first mass-producible battery storage with zero degradation

China-based Contemporary Amperex Technology Co. (CATL) has launched its new TENER energy storage product, which it describes as the world’s first mass-producible 6.25 MWh storage system, with zero degradation in the first five years of use.

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