Sunday, December 12, 2021

Why Tariffs On Chinese Solar Panels Failed — Rystad Energy

If the object was to limit imports from China the tariff was successful. If to stimulate domestic production, the tariff was a miserable failure. Imports just shifted to other Asian countries.
  • The US is on track to import a record 27.8 gigawatts (GW) of solar PV panels in 2021
  • U.S. tariffs on Chinese solar modules have not had the desired effect
  • Direct shipments from China fell as a result of the tariffs, but domestic producers haven’t managed to fill the gap
Oilprice
Why Tariffs On Chinese Solar Panels Failed
Rystad Energy
https://oilprice.com/Alternative-Energy/Renewable-Energy/Why-Tariffs-On-Chinese-Solar-Panels-Failed.html

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