Tariffs on US imports will increase the cost of US solar PV and energy storage technologies and slow the rate of project development, according to analysis from Wood Mackenzie.
Continued “weak demand” from the commercial and industrial (C&I) and residential segments has negatively impacted SMA Solar’s sales and income in the first quarter of 2025.
The attachment rate of energy storage with a solar array has reached 69% in the first quarter of 2025 for US residential installer Sunrun, while the company expects the tariff outlook to be manageable.
The CEO of America’s main solar trade body, the Solar Energy Industries Association (SEIA), has predicted a difficult few years ahead for the US solar industry as it navigates tariff and policy disruption.
CSI Solar, the PV manufacturing subsidiary of Canadian Solar, has posted massively decreased profits in Q1 2025 amid what it described as “high trade barriers” and “severe supply-demand imbalances”.
The global tariffs announced by US president Donald Trump last week will have a limited effect on solar imports from Asia, according to a report from BMI.
