The importance of the extension of the federal Investment Tax Credit (ITC), the removal of import tariffs and increased federal procurement were front and centre in the Solar Energies Industries Association’s (SEIA) wish list for the incoming Biden-Harris administration.
Solar projects in India with power purchase agreements signed prior to 1 August 2020 will be exempt from steeper customs duties on Chinese component imports, the country’s power minister has confirmed.
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.