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Feb 12, 2018

Solar Tariffs Set to Slow Expansion of Solar in U.S.

Solar Panels - Solar Tariffs - Solar Energy

President Donald Trump’s tariffs on solar panel imports to the U.S. are expected to add roughly 10% to the cost of a utility-scale solar farm in the U.S. and 3% to rooftop units bought for homes according to Bloomberg New Energy Finance.  The tariffs are projected to cut U.S. installations by 11% over the next five years, but the decision is unlikely to reshape the economics of the photovoltaic business on the global stage or threaten China’s leadership of the industry.  While Bell Labs in the U.S. invented the modern photovoltaic cell in the 1950s, the industry flourished elsewhere while… Read more