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
16 April 2024
US and European oil majors snap up smaller players and look to accelerate development in a region deemed to possess all the key elements for successful CCUS deployment
15 April 2024
Demand for credits seen rising 20% this year despite issues around integrity and standardisation
11 April 2024
Volatile allowance prices and small size of voluntary market undermine ability to drive investment, says Oxford Institute for Energy Studies
8 April 2024
Chevron New Energies is lead investor in funding round by Colorado-based provider of post-combustion capture technology