The change opens a route to market for China-made modules. Source: Trina Solar.
Bifacial solar modules are now officially exempt from President Trump’s trade tariffs.
Modules imported from all the major producing countries are levied at 25% currently, falling to 20% in February next year under the Section 201 measures.
A statement by the US trade representative yesterday confirmed that the exemption would be entered on the Federal Register on Thursday.
Many Chinese manufacturers face both anti-dumping duties and the Section 201 levies. Between January and September 2018, only 46MW of modules were imported from mainland China to the US. The latest twist creates a route to market for China-sourced modules into the US.
The technology has spent some time hamstrung by a lack of performance data. This has made some investors wary of financing projects. As technology costs have continued to fall a new strategy has emerged to sidestep the ‘chicken-and-egg’ situation. Developers of three different projects on three different continents have told PV Tech that they are essentially financing bifacial solar projects based on projections of the front-side power only. After a few years of operation, site-specific data on the yield from the rear side will present the opportunity to refinance based on power from both sides, theoretically lowering the cost of that finance.
Meanwhile, Chinese module manufacturers are preparing for significant growth in bifacial demand.
Enel Green Power has been selecting bifacial modules for projects in Australia and Mexico. One Chinese module manufacturer told PV Tech it expects all Middle East utility plants to opt for bifacial panels from this point forward.
PV Tech is hosting a TechTalk Product Series webinar with LONGi Solar to help PV project developers, asset owners and interested parties become aware of the latest in utility-scale PV panel technology, performance and size that is redefining LCOE metrics.
PV Tech is hosting a TechTalk Product Series webinar with Huayu New Energy to help installers, PV project developers, asset owners and interested parties to increase their understanding of the HY-2000-Plus microinverter and its ability to meet the need for more cost effective inverter solutions that deliver higher performance and safety.
Solar & Storage Finance USA, the only event that connects developers to capital and capital to solar and storage projects, will be back in November 2020 for its 7th edition!
Going into its fifth year over 200 delegates from 150 companies and 20 countries representing the PV supply chain will gather in Malaysia to discuss the technology roadmaps for PV cell advancement in GW markets. The scope of the event has been expanded this year, to cover developments in wafer supply and thin-film investments and technologies alongside all the regular benefits to all stakeholders tracking PV technology and investment trends for the next 5 years.
Understand fully the technical and logistical supply chains that determine the production and performance of solar modules, including all related factors impacting quality, reliability & bankability.