China Solar Panel Export Restrictions To Us 2017

In january the us president slapped a 30 tariff on imported solar cells and panels also.

China solar panel export restrictions to us 2017.

December 6 2018 in 2017 the solar industry was expected to be a casualty in donald trump s trade war. Shined the brightest with its panel shipments surpassing 11 gw for the. In 2012 the average module price in the united states was 1 15 per watt wdc in 2016 the average price was 0 72 wdc based on data collected by eia in addition the global spot price for solar modules continued to decline through 2017 suggesting a further decline in the average u s. The new york listed jinkosolar holding co.

As of 2019 the tariff is 25. Imports price for 2017. In matters of current us and china trade war in 2018 the trump administration put 30 tax on imported solar cells and panels which is to decline annually and reach 15 in 2021. The solar tariffs have had an impact on the overall price of solar in the united states and the number of solar energy related jobs after the initial trade complaint was filed in 2017.

Most solar jobs in the united states are in sales and installation not manufacturing but tariffs could drive up the cost of solar and make it less competitive. The trade investigation began in response to a petition filed by suniva a bankrupt manufacturer of solar cells and panels based in suburban atlanta with factories in georgia and. Total export earnings from the solar sector rose by a third to 10 6 billion in the first half with wafer shipments exceeding the full year total for 2018 said wang bohua cpia s vice chairman. Together the top 10 account for 66 gigawatts gw of the 91 5 gw of the solar panels shipped last year a market share of 70.

It found that chinese companies still comprised nine of the top 10 solar panel exporters in 2018. Chinese solar equipment is cheaper than indian mainly due to economies of scale at its manufacturing units as well as the fact that. The price for pv modules has fallen by nearly 40 since 2012. However when measured in dollars exports of pv modules only amounted to us 9 45 billion for the first 11 months of 2017 down slightly from a year earlier.