Fitch: Solid state support will help capacity soar from last year’s 26GW to 105.9GW in 2028, as impact of tariff and tax measures dilute in a few years.
The US threat of 10% tariffs on solar inverters has been met with a mixture of disdain and composure by authorities and the Chinese solar industry itself.
The government of India will come down hard on those flouting the Domestic Content Requirement (DCR) rules – in WTO permitted cases – where imported solar modules are used, but declared as locally made.
South Korea has requested consultations with the US government over its newly announced solar import tariffs, threatening legal action at the World Trade Organization (WTO) if the dispute is not resolved, according to documents filed at the WTO.
The Trump administration's 30% tariff on imports of solar cells and modules will result in modules cost increases of 9-10¢/W in year one, reducing to 3-4¢/W in year four, according to separate analyses by GTM Research and Deutsche Bank.
Module costs for US firms in 2018 will still be lower than 2017 prices, despite the impending 30% import tariffs, according to the CEO of Chinese manufacturer turned project developer ReneSola.
