-
Supply Chain & Trade -
Press Releases
New Analysis: How New Tariffs Could Undermine America’s Solar Progress
WASHINGTON, D.C. – Potential new tariffs resulting from the antidumping and countervailing duty (AD/CVD) investigations into solar cells and modules imported from Cambodia, Malaysia, Thailand, and Vietnam could increase costs to a level that significantly restricts solar supply and installations in the U.S., impeding America’s ability to create jobs, provide clean, affordable energy, and achieve climate targets, according to an analysis released today on the potential impacts of new tariffs on the solar industry.
Commissioned by the American Council on Renewable Energy (ACORE), the new Clean Energy Associates analysis outlines how the U.S. solar sector is currently in good health with a fast-emerging domestic solar manufacturing supply chain. However, the imposition of new, unpredictable AD/CVD duties on solar cells and panels from Southeast Asia could raise U.S.-made module costs by 10 cents per watt and imported module costs by 15 cents/watt. These higher prices implemented on top of other headwinds, including domestic factors and trade restrictions already in place and impacting the industry’s trajectory, could seriously hinder America’s progress on solar deployment.
To meet the government’s target of a 50-52% reduction in greenhouse gas emissions by 2030, the U.S. solar industry must increase from 177 gigawatts (GW) of installed capacity to over 500 GW.
“Today, solar is one of the most affordable and reliable energy sources we have to power our economy,” said ACORE President and CEO Ray Long. “Injecting uncertainty into the market slows economic growth and the good-paying jobs clean energy creates, undermines U.S. climate objectives, and will inevitably raise energy costs for American families. This is not an appropriate course of action and could unintentionally cede U.S. leadership in the solar industry to other countries.”
While the U.S. is actively building its solar module manufacturing capabilities, the researchers explain how more time is still needed, particularly to build cell capacity, to meet demand. Imposing additional tariffs on solar cells will likely harm American module manufacturers, who must rely on imported solar cells to meet their current production needs. The analysis conveys how this could undercut the buildout of a strong domestic solar supply chain and jeopardize U.S. factories and the jobs they support.
Data in the new analysis shows how solar prices have already started to spike since the petitions were filed with the U.S. Department of Commerce and U.S. International Trade Commission on April 24. Click here to download Potential Impacts of the 2024 Antidumping and Countervailing Duties on the U.S. Solar Industry.
###
About ACORE:
For over 20 years, the American Council on Renewable Energy (ACORE) has been the nation’s leading voice on the issues most essential to renewable energy expansion. ACORE unites finance, policy, and technology to accelerate the transition to a renewable energy economy. For more information, please visit www.acore.org.
Media Contacts:
Alex Hobson
Sr. Vice President, Communications
American Council on Renewable Energy
hobson@acore.org | 202.830.3592 (o) | 202.594.0706 (c)
Shawna Seldon McGregor
shawna@themaverickpr.com
917.971.7852
The post New Analysis: How New Tariffs Could Undermine America’s Solar Progress appeared first on ACORE.
https://acore.org/news/new-analysis-how-new-tariffs-could-undermine-americas-solar-progress/
Renewable Energy
Understanding the U.S. Constitution
Hillsdale College is a rightwing Christian extremist organization that ostensibly honors the United States Constitution.
Here’s their quiz, which should be called the “Constitutional Trivia Quiz.”, whose purpose is obviously to convince Americans of their ignorance.
When I teach, I’m going for understanding of the topic, not the memorization of useless information.
Renewable Energy
Bravery Meets Tragedy: An Unending Story
Here’s a story:
He had 3 days left until graduation.
Kendrick Castillo was 18. A robotics student. College bound. Accepted into an engineering program. The final week of school felt like countdown, not crisis.
Then a weapon appeared inside a classroom.
Students froze.
Kendrick did not.
Witnesses say he moved instantly. He lunged toward the attacker. No hesitation. No calculation.
Two other students followed his lead.
Gunfire erupted.
Kendrick was fatally sh*t.
But his movement changed the room.
Classmates were able to tackle and restrain the attacker until authorities arrived. Investigators later stated that the confrontation disrupted the attack and likely prevented additional casualties.
In seconds, an 18-year-old made a decision most adults pray they never face.
Afterward, the silence was heavier than the noise.
At graduation, his name was called.
His diploma was awarded posthumously. The arena stood in collective applause. An empty seat. A cap and gown without the student inside it.
His robotics teammates remembered him as curious. Competitive. Kind. Someone who solved problems instead of avoiding them.
He had planned to build machines.
Instead, he built a moment.
A moment that classmates say gave them time.
Time to escape.
Two points:
If you can read this without tears welling up in your eyes, you’re a far more stoic person than I.
Since Big Money has made it impossible for the United States to implement the same common-sense gun laws that exist in the rest of the planet, this story will reduplicate itself into perpetuity.
Renewable Energy
Forced Transgendering of America’s Little Kids
How often does this happen? How about never?
Trump loves to say that little boys go to school and come back home little girls.
He’s the most powerful person in the world for exactly one reason: We’re a nation of morons.
-
Greenhouse Gases7 months ago
Guest post: Why China is still building new coal – and when it might stop
-
Climate Change7 months ago
Guest post: Why China is still building new coal – and when it might stop
-
Greenhouse Gases2 years ago嘉宾来稿:满足中国增长的用电需求 光伏加储能“比新建煤电更实惠”
-
Climate Change2 years ago
Bill Discounting Climate Change in Florida’s Energy Policy Awaits DeSantis’ Approval
-
Climate Change2 years ago
Spanish-language misinformation on renewable energy spreads online, report shows
-
Climate Change2 years ago嘉宾来稿:满足中国增长的用电需求 光伏加储能“比新建煤电更实惠”
-
Climate Change Videos2 years ago
The toxic gas flares fuelling Nigeria’s climate change – BBC News
-
Carbon Footprint2 years agoUS SEC’s Climate Disclosure Rules Spur Renewed Interest in Carbon Credits
