Solomon Islands PV bifacial module tariffs

Will bifacial solar panels be exempt from tariffs?

In his announcement, the President included an exemption for bifacial solar panels. This decision comes after the ITC recommended in November 2021 to extend the safeguard tariffs for an additional four years. Proclamations

Will Biden extend bifacial solar panels?

On February 4, 2022, President Biden announced an extension and modification of the existing safeguard tariffs for an additional four years. In his announcement, the President included an exemption for bifacial solar panels. This decision comes after the ITC recommended in November 2021 to extend the safeguard tariffs for an additional four years.

Why are tariff policy movements important for PV companies?

Tariff policy movements are crucial for PV companies targeting the US market since they directly impact product cost structures and competitiveness. Policy details, current tariffs, and market implications are essential for industry players to forecast future market trends.

How many GW of solar cells has the US imported?

The U.S. has imported nearly 4.5 GW of cells from February to August, reaching 89% of the initial 5 GW quota limit. Overall, the increasing TRQ aligns with the rising market demand. Notably, this policy adjustment suggests that US authorities recognize the necessity of current cell imports in supporting the domestic PV industry.