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From Electrek: Bankrupt solar manufacturer, Suniva, petitions Trump for a 100% tax on solar...

Discussion in 'News from Electrek.co' started by RSSFeed, Apr 26, 2017.

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    Bankrupt solar manufacturer, Suniva, petitions Trump for a 100% tax on solar panels

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    Solar panel manufacturer Suniva, who recently filed for bankruptcy, has made a request for “global safeguard relief” from imports of crystalline silicon solar PV cells and modules. Suniva has requested that President Trump impose a four-year minimum import price on PV modules and cells, starting in year one at US$0.78 per watt for modules and $0.40 for cells.

    This will more than double the price of the lower priced solar panels – and increase solar system pricing up to 40% for large-scale utility projects, 30% for commercial projects, and 20% for homeowners. This pricing for solar panels was last seen in the United States in 2014-2015. Suniva has lost more than $500M since 2015.

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