Details of Solar Tariff Moves at US, Turkey And South Africa

The International Trade Commission(ITC)  of the DOC has named 17 companies across the four countries while providing ‘subsidy rates’ for “All others” in each country. Companies that did not respond to ITC queries face action under a cluse termed adverse inference, translated roughly to ‘proven guilty until proven innocent”.  The DOC’s final decision and recommendation is expected in February 2025 with  an issuance of orders in April if all determinations are affirmative.

The list of marked firms include Chinese giant Jinko Solar,  Korean solar firm Hanwha Qcells plants in Malaysia, besides JA Solar’s, plant in Vietnam.

The ITC report flags the significant increase in imports from these countries since 2021.

In 2023, over 12.3GW of solar cells (including modules ) worth around US$3.9 billion were imported from Vietnam compared with 5.3GW in 2021. Thailand and Cambodia saw similarly large increases, from 4.2GW in 2021 to 10.6GW in 2023 and 799MW in 2021 to 6.7GW in 2023, respectively.

Any US action is likely to increase final cell and module prices in the US significantly, considering the mismatch between domestic cell making and module making capacity and capacity additions in the pipeline in the US.

_{Images are for reference only.Images and contents gathered automatic from google or 3rd party sources.All rights on the images and contents are with their legal original owners.}