China Solar Panel Export Restrictions To Us 2017

The new york listed jinkosolar holding co.

China solar panel export restrictions to us 2017.

In january the us president slapped a 30 tariff on imported solar cells and panels also. It found that chinese companies still comprised nine of the top 10 solar panel exporters in 2018. However when measured in dollars exports of pv modules only amounted to us 9 45 billion for the first 11 months of 2017 down slightly from a year earlier. China was the biggest exporter of solar equipment to india according to mercom s findings during the 10 month period with 87 market share and accounting for 1 9 billion while malaysia was a distant second with 8 share at a total value of 170 42 million.

In 2012 the average module price in the united states was 1 15 per watt wdc in 2016 the average price was 0 72 wdc based on data collected by eia in addition the global spot price for solar modules continued to decline through 2017 suggesting a further decline in the average u s. The solar tariffs have had an impact on the overall price of solar in the united states and the number of solar energy related jobs after the initial trade complaint was filed in 2017. December 6 2018 in 2017 the solar industry was expected to be a casualty in donald trump s trade war. Total export earnings from the solar sector rose by a third to 10 6 billion in the first half with wafer shipments exceeding the full year total for 2018 said wang bohua cpia s vice chairman.

As of 2019 the tariff is 25. 31 2017 trade officials recommended on tuesday that the united states impose restrictions on solar power equipment purchased from abroad including tariffs of up to 35 percent setting the. Most solar jobs in the united states are in sales and installation not manufacturing but tariffs could drive up the cost of solar and make it less competitive. The price for pv modules has fallen by nearly 40 since 2012.

Together the top 10 account for 66 gigawatts gw of the 91 5 gw of the solar panels shipped last year a market share of 70. Imports price for 2017. Shined the brightest with its panel shipments surpassing 11 gw for the. Despite the decline in export value in volume exports reached 37 9 gw for the full year of 2017 an increase of 16 6 gw in comparison with 21 3 gw for 2016.