The Biden Administration today put imported bifacial solar panels back under SecThe Biden Administration today put imported bifacial solar panels back under Sec.
Solar Power World 1:29 pm on May 16, 2024
The U.S. Biden administration is revoking bifacial panels' exemption, raising the tariff-rate quota (TRQ) for silicon solar cells from 5 GW to 7.5 GW annually, impacting import tariffs and manufacturing sectors. Various industry stakeholders have responded positively, emphasizing the need for trade practices remediation through raised tariffs until a new safeguard's implementation in February 2026.
- Tariff Increase: The U.S. has increased the TRQ on silicon solar cells to 7.5 GW, revoking previous bifacial panels exemption.
- Stakeholder Reactions: Responses from industry representatives highlighting support for the Biden administration's move.
- Impact on Imports and Manufacturing: Affected solar panel imports increase, with implications for domestic manufacturers seeking access to supply chains.
- Federal Policy Shift: The administration's action represents a shift from the prior approach of weakened trade measures through exemptions.
- Trade Practices Remediation: Raising tariffs is seen as a temporary measure to address anti-competitive practices until long-term safeguards take effect.
https://www.solarpowerworldonline.com/2024/05/bifacial-solar-modules-lose-tariff-exemption-after-biden-reverses-course/
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