A U.S. solar industry group warned on Wednesday that tariffs on imported panels from three Asian countries would jeopardize nearly 30% of the solar capacity the nation is expected to install over the next two years.
The Commerce Department is poised to decide by end-September whether to launch a trade investigation into solar cells and modules from Malaysia, Vietnam and Thailand. Those countries account for 80% of all panel imports into the United States, the Solar Energy Industries Association (SEIA) said in a statement.
In a letter to Commerce Secretary Gina Raimondo, the SEIA said the duties – proposed by an anonymous group of domestic manufacturers last month – would be devastating to the growth of the renewable energy sector.
“We cannot emphasize enough how damaging these tariffs would be to our companies and the entire American solar industry,” said the letter signed by nearly 200 solar companies.