US solar faces policy and cost headwinds
Recent government move to pause tariffs on imports from Southeast Asia not enough to remove uncertainty hampering the sector, analysts say
The US commercial solar power sector faces significant headwinds in the near term as trade policy uncertainty and soaring costs threaten the viability of some projects, according to speakers at consultancy Wood Mackenzie’s Solar & Energy Storage Summit in San Diego, California. US president Joe Biden paused the imposition of new tariffs on solar panels and modules from Southeast Asia for up to two years in early June to help ease a shortage of components amid a US Department of Commerce (DOC) probe into attempts by Chinese manufacturers to sidestep duties. Biden also authorised use of the Defense Production Act (DPA) to accelerate domestic manufacture of clean energy technologies, includ
Also in this section
3 May 2024
Developers look to government’s forthcoming budget to restore support as industry suffers loss of momentum
1 May 2024
Abundant storage and low cost of capturing CO₂ from sharply rising gas production mean NOC’s ambitious CCUS targets look well within reach
29 April 2024
Decarbonisation push and shifting multilateral trade policy sharpens continent’s need for carbon trading
29 April 2024
Canada’s oil sands producers need policy certainty to make the multibillion-dollar investments needed to achieve net zero, Pathways Alliance president Kendall Dilling tells Carbon Economist