China and africa will exempt solar bifacial modules
CSPV bifacial modules are currently exempt from the Section 201 tariff. On May 16, 2024, however, President Biden announced that he will soon rescind the bifacial panel. . The White House, after increasing tariffs targeting China across sectors like steel and aluminum, semiconductors, electric vehicles, batteries, critical minerals, solar cells, and ship-to-shore cranes, announced it will remove the tariff exemption for bifacial modules and take additional actions to. . The Biden Administration today put imported bifacial solar panels back under Sec. 201 tariffs, after the specialty solar panels enjoyed a two-year exemption from extra duties first initiated by President Biden in 2022. This decision is part of the President's sole right to make changes to. . Now that it is June, the new and updated tariffs are coming into effect, including the Chinese solar cell tariff increase from Section 301. This is to encourage manufacturers to move their cell plants to the US. [PDF Version]FAQS about China and africa will exempt solar bifacial modules
Are bifacial solar panels exempt from tariffs?
Bifacial solar panels, which are predominantly used in commercial, industrial, and utility-scale solar power projects, were previously exempt from tariffs. With the removal of this exemption, the cost of imported bifacial solar panels, typically ranging from $0.10-0.25 per watt, will increase by $0.015 to $0.0375 per watt.
Will bifacial solar panels lose exemption?
In addition to bifacial panels losing their exemption, the Biden Administration said it will raise the tariff-rate quota (TRQ) of silicon solar cells by 7.5 GW, if needed.
Did Biden remove the bifacial solar panel exemption?
The Biden Administration has released a fact sheet detailing multiple solar panel related policies, including the removal of the bifacial solar panel exemption. This exemption previously allowed certain solar panels to bypass the Trump-era 15% tariff.
Did Biden put bifacial solar panels back under Sec 201 tariffs?
The Biden Administration today put imported bifacial solar panels back under Sec. 201 tariffs, after the specialty solar panels enjoyed a two-year exemption from extra duties first initiated by President Biden in 2022.
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