While existing polysilicon, wafer, cell, and module manufacturing capacity largely aligns with the new regulations, emerging manufacturers and new expansions will be the most impacted. These changes will catalyse consolidation, market shifts and ultimately lead to a more efficient and sustainable solar industry. What are the key changes? 1.
In November 2024, China’s Ministry of Industry and Information Technology released revised guidelines for the photovoltaic (PV) industry. The new guidelines are set to reshape the solar manufacturing industry, addressing overcapacity, pricing volatility and inefficiency across the value chain.
Notably, the adjusted 301 tariff expands to cover Chinese exports of polysilicon and mono-Si wafers, with a 50% tariff rate set to take effect on January 1, 2025. This move is expected to affect the upstream sector in the US PV supply chain. The U.S. had imposed several trade barriers against Chinese solar cell and module imports.
The U.S. had imposed several trade barriers against Chinese solar cell and module imports. In addition to the original 25% tariff under the Section 301, there are anti-dumping and countervailing duties (AD/CVD) that have been imposed since 2012 as well as the Section 201 tariffs targeting cells and modules from all countries.
Our photovoltaic systems and energy storage products are engineered for reliability, safety, and efficient deployment. All systems include comprehensive monitoring and control systems with remote management capabilities.
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