Possible new tariffs dimming outlook for Colorado’s solar industry

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A federal investigation into whether China is getting around tariffs on solar panels has Colorado’s expanding solar energy industry warning of layoffs, soaring prices and lights out for new p…

Now, the Department of Commerce is looking into claims China is routing its panels through other countries to circumvent U.S. tariffs, which, if confirmed, could result in huge tariffs that might be retroactive to November 2021.

At least 70% of Colorado solar companies have said they could face laying off or furloughing employees, Kruger added.that the investigation is causing “severe uncertainty” for the industry, which might have to delay and cancel projects or renegotiate deals. A problem, Kruger said, is that U.S. solar panel production is small and doesn’t generate “anything near enough to meet the demand.”And the chance of any big tariff increases being retroactive to November, when an initial complaint was made, has frozen the flow of most parts coming to the U.S., Kruger said.joined a bipartisan group of their colleagues in asking President Joe Biden to expedite the investigation and take the possibility of retroactive charges off the table.

“Commerce should promote, not deter, growth in the American solar industry,” Polis said. “The Colorado solar and storage industry employs over 9,400 hardworking people across the state and has been one of the quickest industries to recover and grow through the pandemic.”The investigation does nothing to spur the U.S. solar manufacturing industry, but will interfere with Colorado’s goals of reducing greenhouse-gas emissions and addressing climate change, Polis said.

 

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Look at Auxin Solar, the Koch brother's are behind the corruption halting everything Solar.

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