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Tuesday, October 1, 2024

SEIA Assertion on Biden Administration’s Motion to Assist American Clear Power Manufacturing


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WASHINGTON, D.C. — Yesterday, the Biden administration introduced the outcomes of its statutorily-mandated evaluate of the Part 301 tariffs on China.

Following is a press release from Abigail Ross Hopper, president and CEO of the Photo voltaic Power Industries Affiliation (SEIA) on the administration’s announcement: 

“SEIA commends the Biden administration for taking motion to help the continued construct out of U.S. photo voltaic and storage manufacturing. We’re evaluating the announcement to find out its full impression, however it’s clear that a number of of those selections will assist enhance the enterprise circumstances for American producers.

“The Administration was considerate to incorporate a tariff exclusion course of for key equipment that firms have to manufacture photo voltaic elements in the USA. A short lived tariff exclusion will assist cut back manufacturing prices and incentivize elevated funding in home manufacturing.

“We’re additionally happy that the Administration will delay the tariff enhance on batteries for vitality storage methods. This transfer supplies a runway for continued manufacturing and deployment of vitality storage to satisfy rising demand for electrical energy.

“We want an American-made photo voltaic and storage financial system, and the Inflation Discount Act (IRA) has introduced us nearer to that imaginative and prescient than any coverage in historical past. In the present day’s announcement from the Biden administration will proceed this progress, and SEIA is dedicated to discovering further options and equitable commerce coverage to determine the USA as the brand new international chief for clear vitality manufacturing.”

Press launch from SEIA®.


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