U.S. slaps tariffs on Chinese panels. Is this the end of cheap solar?

Washington Post
May. 24, 2012

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?

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