The US International Trade Commission on Friday voted unanimously in favor of proceeding with the Suniva/SolarWorld Section 201 trade case, finding Chinese solar imports are “a substantial cause of serious injury to the domestic industry,” despite the claims and evidence of virtually the entire US solar industry. By Joshua S Hill Unsurprisingly, the resulting fall-out from […]
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Tumbling prices for solar energy have helped stoke demand among U.S. homeowners, businesses and utilities for electricity powered by the sun. But that could soon change. President Donald Trump – whose proposed 2018 budget would slash support for alternative energy – will soon get a new opportunity to undermine the solar power market by imposing duties that could […]
The US Solar Energy Industries Association has hit out at a new report prepared by Suniva and SolarWorld in defence of their Section 201 trade case seeking a tariff and price floor on all imported solar components, calling the notion “preposterous” and arguing that the two companies brought the collapse of their businesses on themselves. […]
The US solar energy industry could lose a third of its workforce, or an estimated 88,000 jobs, if the US Government and the US International Trade Commission rules in favor of Suniva’s request for a tariff and price floor. By Joshua S Hill Simply put, Suniva, a US manufacturer of high-efficiency crystalline silicon photovoltaic solar cells […]
Paula Mints is one of the top market researchers in the country whose insights are sharp and incisive. She is also the founder and chief market research analyst for SPV Market Research. In this post, she says the trade wars currently raging in the solar industry must stop — or the long-term damage to the industry may be irreparable. […]
The U.S. small wind industry projects that the enactment of the credit, combined with a forthcoming equipment certification program, will provide thousands of new green collar jobs and contribute to an estimated 40% annual growth for the industry.
Given the hue and cry that has been unleashed in America with regard to the bailout, there is finally good news for the renewable energy industry. The Emergency Economic Stabilization Act of 2008, passed by the House of Representatives and signed into law by President George Bush immediately afterwards, extends investment and production tax credits for the wind and solar industries. The extensions will be partly paid for by a change in the tax code for the oil and gas industry.
After failing to pass the extensions 8 times so far this year, the bill was approved by an overwhelming 93 to 2 majority.
The U.S. Senate is likely to vote today on legislation that would extend tax breaks for renewable energy production and energy-efficiency measures. Republican presidential hopeful John McCain has recorded an absent vote on the matter 8 times this year. Will he make it 9?