August 15, 2022

Rocky Daily News

Colorado Politics-Sports-Business-Weather

Solar companies delay work, warn of catastrophe from U.S. import probe

1 min read

<

Colorado solar projects big and small are getting delayed into 2023, threatening jobs and clean energy progress, after federal officials agreed to probe a California company’s complaint that Asian companies avoid tariffs and dump cheap solar panels in the U.S., industry leaders said.

The supply of solar panels for home or utility-scale projects has dried up, and those that are left have shot up in price, because distributors fear the U.S. Commerce Department investigation will leave them on the hook for tariffs of up to 250% of original prices, solar company officials said this week. 

Most solar panels installed in the U.S. are imported, and trade disputes tend to pit a tiny number of remaining U.S. manufacturers against a much larger domestic network of distributors, installers,…

Michael Booth

2022-04-08 04:08:00

All news and articles are copyrighted to the respective authors and/or News Broadcasters. RockyDailyNews.Com is an independent Online News Aggregator


Read more from original source here…

Leave a Reply

Copyright © All rights reserved. | Newsphere by AF themes.