Canadian Tariffs On Chinese Solar Panels

The first 2 5 gigawatts of imported solar cells will be exempt from the tariffs trump said in a statement monday.

Canadian tariffs on chinese solar panels.

This corresponds to a recent analysis conducted by greentech media. Rose in 2018 but here s why that didn t happen. Market experts estimate that the impact of the tariff in year 1 will be between 0 10 to 0 12 per watt. Solar panels are cheap despite trump tariffs it would make sense if solar panel prices in the u s.

Companies are finding ways to keep growing their. Canada too has its protectionist. By year 4 the tariff s impact falls to only 0 04 to 0 05 per watt which results in less than a 2. For a typical american homeowner that represents only a 3 to 4 increase in the cost of a solar panel installation.

The president approved four years of tariffs that start at 30 percent in the. There s a ton of tariffs regulations around importing solar from china and it s a bit of a maze trying to sort it all out. One of the companies found to have dumped panels here is the chinese arm of canadian solar inc whose headquarters is in guelph ont and which has two canadian panel making plants in addition. As a solar company we are devastated to learn trump has imposed a 30 tariff on solar panels virtually killing the solar industry.

While the tariffs are designed to protect canadian solar panel manufacturers four of whom initiated the federal review by complaining about cut rate chinese panels the damage to employment. The sentiment is echoed by chinese producer longi green energy technology co. Solar employs more people than coal and oil combined. A new tariff on cheaper chinese solar panels to appease ontario based manufacturers is hurting b c s solar installation industry.

Prices of bifacial products about 50 more expensive than elsewhere and the exemptions now.