Expert Insight

US PV tariff cuts ‘put 24GW at risk’

Published by reNEWS 

renews.biz

Solar Energy Industries Association’s analysis reduces installation forecasts for 2022 and 2023 by 46%

Around 24GW of planned solar capacity over the next two years is at risk of going ahead due the Biden administration’s circumvention case against solar imports from south-east Asia, according to a US trade body.

The Solar Energy Industries Association’s (SEIA) analysis cuts installation forecasts for 2022 and 2023 by 46% if tariffs are imposed.

“If tariffs are imposed, in the blink of an eye we’re going to lose 100,000 American solar workers and any hope of reaching the President’s clean energy goals,” said SEIA president and CEO Abigail Ross Hopper…

 

Head to the reNEWS website to read the full article here.

 

About reNEWS

IFC

Renews provides news-focused business intelligence on the renewable energy sector with market-leading coverage of offshore and onshore wind. Founder and publisher Dan Rigden established a tradition of excellence with the inaugural issue splash story Powergen in big hurry on Scroby Sands while simultaneously providing a much-needed alternative to the near-evangelical renewables press of the time. The bywords for the company and the publication have since day one been journalistic integrity and editorial independence.

renews.biz

 

CLIMATE COUNCIL SOCIAL MEDIA

FOLLOW CLIMATE COUNCIL'S NETWORK

You might also be interested in

Industry Survey Report 2022

Industry Survey Report 2022

What does the future hold for the Renewable Energy Industry? As we move into 2022, we surveyed our network to find out their thoughts. read more

Countdown to COP26

Countdown to COP26

In the run-up to the hugely anticipated conference, we launched a 'Countdown to COP26' mini-series, highlighting the importance of 5 particular theme that must be discussed at COP26. read more

Key Elements To M&A Within Renewables

Key Elements To M&A Within Renewables

An indicator of sectoral strength has often been the quantity and value of M&A activity over an annual period, providing a sense of capital inflows and corporate interest in developing markets. The renewable energy sector has enjoyed year-on-year growth in M&A deals for the past decade, with a slight and expected dip in early 2020. read more

Through the ESG lens: Navigating the M&A market in the 20s

Through the ESG lens: Navigating the M&A market in the 20s

Commitment to environmental issues is influencing deal strategy across the globe and ESG’s momentum shows no sign of slowing down. In a survey conducted by the Financial times at the end of 2020, 83 percent of business leaders said that ESG factors will be increasingly critical to M&A decision making in the next 12-24 months. Whether as a means for dealmakers to identify attractive M&A targets, a way to identify risk in the deal process or a response to government or investor pressure, ESG considerations can no longer be ignored. read more

Climate change disputes: Sustainability demands fuelling legal risk

Climate change disputes: Sustainability demands fuelling legal risk

Global law firm White & Case highlights the steady expansion of climate change disputes, and contemplates what lies ahead. Read More. read more

The Paris Climate Agreement, 5 years on

The Paris Climate Agreement, 5 years on

The Paris Climate Agreement is one of the most defining political acts of the 21st century, a rare global cooperative measure to tackle climate change. read more

Summary: The absence of a clear benchmark for measuring ESG is the main barrier to investment into low-carbon infrastructure

Summary: The absence of a clear benchmark for measuring ESG is the main barrier to investment into low-carbon infrastructure

On the 10 September 2020, the Energy Council hosted the fourth webinar in their debate series which posed the question of whether “The absence of a clear benchmark for measuring ESG is the main barrier to investment into low-carbon infrastructure.” read more

Why monitoring and control systems could transform renewables

Why monitoring and control systems could transform renewables

As renewable energy investments grow rapidly across on-grid and off-grid locations, investments in the monitoring and control of these assets have gained momentum globally. read more

ESG and Renewables post-Covid

ESG and Renewables post-Covid

The argument has been made that aligning corporate, and investment goals to the Paris Agreement is easier in a growth market than during a downturn. If so what does this current situation mean in practice for investors and corporates alike? read more