Donald Trump isn’t the only solar power protectionist

The global solar industry is reeling this week following the Trump administration’s announcement that it will impose a 30 percent tariff on imported solar panels, mainly from China. The US Solar Industries Association said this will result in the delay or cancellation of billions of dollars in solar investments, and the loss of 23,000 US jobs this year. Despite the dramatic predictions, the solar industry likely knew the announcement was coming. The European Union has set roughly equivalent tariffs on imported Chinese panels, which were renewed in September 2017. Another indication was how earlier this week, India set a whopping 70 percent import duty on Chinese and Malaysian solar panels. Brussels, Delhi and Washington all allege that China has been “dumping” the panels on their markets — selling them at artificially low prices and taking a loss in the short term in order to kill competitors in rival markets. China’s solar industry has benefitted from export SolarWorld Americas, the largest US solar panel manufacturer, first called for the US to impose such tariffs three years ago. The move fits with US President Donald Trump’s protectionist promises. But other parts of the US solar industry have been pleading with the administration to not follow Europe’s… Read full this story

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