- Joe Biden is set to declare tariff-free imports of solar panels from four Asian countries.
- Auxin Solar filed a petition accusing Chinese manufacturers of avoiding US tariffs.
- According to the industry group, four countries at the centre of the probe account for 80% of solar imports in the United States.
According to Reuters, US President Joe Biden is set to declare tariff-free imports of solar panels from Thailand, Malaysia, Cambodia, and Vietnam for 24 months. Since the Commerce Department initiated an inquiry into importing photovoltaic (PV) panels from the four Asian countries at the end of March, hundreds of large-scale solar power projects in the United States have been put on hold.
The investigation was launched after Auxin Solar, a US solar product manufacturer, filed a petition accusing Chinese manufacturers of evading US tariffs by shipping panels assembled in Cambodia, Malaysia, Thailand, and Vietnam and demanding that they be slapped with cost-prohibitive tariffs of up to 250%.
According to the source, the announcement will be made amid fears about the investigation’s long-term consequences.
In a report by the American Clean Power Association research, the examination has put more than 24 GW of solar PV projects in jeopardy, with some facing cancellation or delays between 2022 and 2023. According to the industry group, four countries at the centre of the probe account for 80% of solar imports in the United States.