U.S. slaps tariffs on Chinese panels. Is this the end of cheap solar?Washington PostMay. 24, 2012 |
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Over the past few years, the price of solar power in the United States has been dropping at a dramatic pace. Part of the reason for the drop: China has been flooding the U.S. market with dirt-cheap solar panels. But that’s all about to change. On Thursday, the Commerce Department ruled that China’s solar manufacturers are engaged in “dumping” — that is, they’re selling their panels for below-market rates in order to drive their competitors out of business. In response, the Commerce Department has slapped a 31 percent tariff on imports of silicon photovoltaic cells from many major Chinese manufacturers. That’s on top of a separate 3.61 percent charge levied in March. So if these tariffs stick, will that mean the end of cheap solar power in the United States? Read More |