The United States International Trade Commission has affirmed it will move forward with antidumping and countervailing duty investigations, which may lead to tariffs as high as 920% on a critical battery material.
Five major risks are on the horizon, said Clean Energy Associates.
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Prices across the solar supply chain remained in bearish territory into the fourth quarter of 2024. Trade and regulatory developments have continued to preoccupy the industry and dampen trading activity.
According to the U.S. Solar Market Insight Q4 2024 report, domestic module manufacturing will be able to keep up with the rapid pace of growth in the U.S. solar industry, and cell production is ramping up.
For NewSun Energy, the Anza platform serves as part of its procurement arm, helping the developer mitigate module supply risk and secure fixed pricing and terms despite pending tariffs.
Import tariff rates range from 0.14% to nearly 300% of the cost of shipped goods on certain solar cells and modules shipped from Malaysia, Vietnam, Cambodia, and Thailand.
The preliminary decision on countervailing duties on cells from companies in Vietnam, Cambodia, Malaysia and Thailand are lower than some expected for several major Chinese producers.
A report from Clean Energy Associates (CEA) and the American Council on Renewable Energy shows how antidumping and countervailing duty (AD/CVD) tariffs create cost issues not just for imported solar panels, but for U.S.-made solar panels as well.
After a two-year pause, antidumping and countervailing duty (AD/CVD) tariffs on solar components shipped from Southeast Asia are set to resume in June 2024.
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