US photo voltaic commerce group warns tariff case to erase 24 GW of deliberate additions in 2022, 2023

US photo voltaic commerce group warns tariff case to erase 24 GW of deliberate additions in 2022, 2023

April 28 (Renewables Now) – The forecasts for photo voltaic capability installations within the US in 2022 and 2023 are being diminished by 46%, or a complete of 24 GW, because of the circumvention case in opposition to photo voltaic imports from Southeast Asia, the Photo voltaic Power Industries Affiliation (SEIA) stated on Wednesday.

The photo voltaic business put in 23.6 GW DC of photo voltaic photovoltaic (PV) capability in the entire of 2021.

In keeping with a SEIA survey amongst greater than 700 respondents, 318 initiatives representing 51 GW of photo voltaic capability and 6 GWh of collocated battery storage are being cancelled or delayed, jeopardising USD 52 billion (EUR 49bn) of personal funding. Greater than 200 firms say that every one of their employees is in danger and 70% of respondents assume at the least half their photo voltaic and storage jobs are in danger.

“If tariffs are imposed, within the blink of an eye fixed we’re going to lose 100,000 American photo voltaic staff and any hope of reaching the President’s clear power targets,” warned SEIA president and chief government Abigail Ross Hopper.

On the finish of March, the US Division of Commerce determined to open an investigation into whether or not photo voltaic imports from Cambodia, Malaysia, Thailand and Vietnam are circumventing tariffs on Chinese language cells and modules.

(USD 1 = EUR 0.945)

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