The White House has announced sweeping trade actions and tax guidance aimed at bolstering solar manufacturing. In June, new tariffs will be imposed on solar panels and cells from countries from Cambodia, Malaysia, Thailand and Vietnam, which currently dominate the market. The administration will no longer exempt countries from tariffs on “bifacial,” or two-sided, panels, a technology that accounts for the majority of solar imports. The tariffs will affect companies that have been circumventing antidumping and countervailing duties on Chinese solar manufacturers. The White House also announced $70 million in grants for domestic solar producers from the bipartisan infrastructure law and a 10 percent tax credit bonus for clean energy projects using American products. The move could further complicate the presidential race and affect solar manufacturing in swing states.
Solar Dominates US Energy Capacity Growth
The Federal Energy Regulatory Commission (FERC) has published data showing that solar accounted for over 75% of US electrical generating
