President Joe Biden has issued a proclamation that raises the Part 201 tariff charge quota (TRQ) for imported crystalline silicon photovoltaic cells from 5 GW yearly to 12.5 GW, retroactive for cells imported on or after August 1.
The Photo voltaic Vitality Industries Affiliation (SEIA) notes that this measure is a “decisive motion to help American photo voltaic module producers.”
“This transfer gives an essential bridge for module producers to entry the availability they want whereas america continues to progress on photo voltaic cell manufacturing,” says Abigail Ross Hopper, SEIA’s president and CEO.
“This resolution will assist create a powerful, secure module manufacturing sector that may maintain sturdy cell manufacturing in the long term.”
The expanded TRQ will enable larger volumes of much-needed photo voltaic cells to enter the U.S. market with out going through the present 14.5% tariff. In flip, the nascent however rising U.S. photo voltaic module manufacturing sector can anticipate a extra sturdy provide of PV cells at predictable prices whereas they ramp up manufacturing.
“Federal clear power insurance policies are fueling a surge in home manufacturing investments throughout the nation, that are serving to us safe our provide chain,” Ross Hopper provides.
“The president’s current actions are vital for maximizing the affect of those insurance policies and making certain the long-term success of American photo voltaic manufacturing.”
