United States governors pressure Biden, Raimondo to quicken solar AD/CVD review
- A bipartisan group of US governors have pressured the President Joe Biden as well as Gina Raimondo to speed up the anti-dumping circumvention investigation (AD/CVD).
In a letter signed by 19 United States governors, US President Joe Biden as well as Commerce Secretary Gina Raimondo were asked to accelerate a preliminary decision and an economic analysis of the influence retroactive activities would carry the market complying with the claimed circumvention of antidumping and also countervailing responsibilities (AD/CVD) by solar producers in Cambodia, Malaysia, Thailand and also Vietnam.
" This decision has produced market uncertainty that intimidates thousands of tidy energy jobs as well as the implementation of solar projects across the country," the letter checks out.
" The current market interruption jeopardizes much of the development attained by the residential solar industry and we fear this will just continue for the duration of the investigation. Nearly immediately, solar prices have jumped due to remarkable drops in solar item imports, endangering the source of incomes of greater than 230,000 American workers who count on solar jobs and also raising energy costs on families."
Throughout a commerce committee in late April, senator Jacky Rosen pressed secretary Raimondo to expedite the preliminary resolution to which the secretary replied "my hands are very connected below" and that her department was needed by statute to explore the case increased by Auxin Solar.
Senator Rosen was among a bipartisan group of 22 senators that previously this month contacted President Biden "highly advising" the administration to quickly review the case and similar to this letter warned that "the investigation is already negatively influencing the U.S. solar industry".
In a much more recent committee last week, the secretary replied to an inquiry from senator Brian Schatz that "there is absolutely nothing that avoids us from going much faster, and I ensure you we are going as quick as possible," without cutting any type of corners.
Earlier this week, 8 PV manufacturers, among them JinkoSolar, Trina Solar and Hanwha Q CELLS were picked from the Department of Commerce (DOC) to offer even more info on their operations in the 4 nations worried by the AD/CVD investigation.
Furthermore, US Energy Secretary Jennifer Granholm has elevated her issue regarding the country's ability to reach a carbon-free power field by 2035 if the investigation did not involve a quick resolution.
United States solar developers are already encountering widespread module shipment hold-ups and also cancelations amidst the unpredictability of a possible retroactive tariff of approximately 250% from the DOC if it locates evidence of circumvention. With projects slowing down, the Solar Power Industries Organization (SEIA) has actually discovered that the investigation will cause a drop of 24GW of solar capability in the following two years.
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