Forbes Article – Department of Commerce Decision Puts Fate of U.S. Solar Industry in Jeopardy

May 29, 2022
Perspective and Insights Renewable Energy

By George Strobel, Forbes Financial Council Member

On March 28, in a decision that would put the U.S. solar industry on hold, the U.S. Department of Commerce initiated an anti-dumping investigation into imports of solar cells and modules from Cambodia, Malaysia, Thailand and Vietnam in response to a petition from a small California solar panel manufacturer, Auxin Solar. The investigation could result in tariffs of up to 250% on imports from these four countries, which account for more than 80% of all U.S. solar module imports. These tariffs could cripple solar deployment, threaten tens of thousands of U.S. jobs and make it virtually impossible for the Biden administration to meet its climate goals.

Read the full article.

Related Posts

NC Chamber – Taxpayers Win Major Victory in North Carolina Renewable Energy Tax Credit Dispute

NC Chamber – Taxpayers Win Major Victory in North Carolina Renewable Energy Tax Credit Dispute

by Ray Starling, President, NC Chamber Legal Institute On April 3, 2023, the North Carolina Business Court issued a decisive victory for taxpayers in a long-running dispute with the North […]

Read More

ESG Perspective and Insights Renewable Energy

Monarch Private Capital Hires Ryan Edwards as Manager, Renewable Energy

Monarch Private Capital Hires Ryan Edwards as Manager, Renewable Energy

The Company continues growth of its renewable energy division, securing new projects and increasing expertise Monarch Private Capital, a nationally recognized impact investment firm that develops, finances and manages a […]

Read More

Company Announcements Renewable Energy

<strong>Monarch Private Capital Finances 363 MW of Solar Energy Installations in October</strong>

Monarch Private Capital Finances 363 MW of Solar Energy Installations in October

The renewable energy facilities deliver clean power to regions of Georgia, Indiana, Minnesota, Texas and Virginia Monarch Private Capital, a nationally recognized ESG investment firm that develops, finances and manages […]

Read More

Company Announcements Renewable Energy

See More News

Contact us for more information about ESG Investing, state and federal tax credits.