The Trump administration has stifled solar and other renewables development on public lands in the US, achieving less than the Obama administration and hindering the country’s renewable energy transition.
Firms tell media outlets of multi-million charges as Trump administration brings two-year ‘holiday’ to an end, hitting PV project revenues as SEIA estimates suggest solar jobs could drop to 2014 levels.
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.
The Solar Energy Industries Association (SEIA) has sent a plea to president Trump asking him to preserve tens of thousands of US solar jobs by not imposing high tariffs on imported solar panels, while Trump himself has indicated that he will make a decision on the Section 201 Case soon.