Solar Developers Urge Biden to Boost Domestic Manufacturing

Apr 19, 2024 12:52 PM ET
  • Solar developers urge Biden administration to back US manufacturing, avoid tariffs on imports. Industry groups push for policy changes to support domestic panel making.

Solar developers are lobbying the Biden administration to support domestic manufacturing and prevent panel makers from seeking additional tariffs on imports, particularly from Southeast Asia. The potential trade complaint has prompted renewable trade groups to appeal to White House officials, proposing options to boost US-made solar cells and modules. The industry is concerned that new tariffs could increase costs and uncertainty for solar projects already impacted by inflation and higher interest rates.

The Solar Energy Industries Association and the American Clean Power Association are among the groups lobbying the White House for federal policy changes to support domestic panel making. While the administration is considering expanding tariffs on solar equipment, there is recognition that additional federal support may not prevent an anti-dumping complaint. Podesta emphasized the need to protect investments in domestic solar manufacturing and prevent oversupply and dumping in the market.

Are solar developers urging Biden to prevent tariffs on Southeast Asian imports?

  • Solar developers are urging the Biden administration to support domestic manufacturing and prevent panel makers from seeking additional tariffs on imports, particularly from Southeast Asia.
  • The industry is concerned that new tariffs could increase costs and uncertainty for solar projects already impacted by inflation and higher interest rates.
  • The Solar Energy Industries Association and the American Clean Power Association are among the groups lobbying the White House for federal policy changes to support domestic panel making.
  • While the administration is considering expanding tariffs on solar equipment, there is recognition that additional federal support may not prevent an anti-dumping complaint.
  • Podesta emphasized the need to protect investments in domestic solar manufacturing and prevent oversupply and dumping in the market.
Source:
bloomberg.com

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