The persistent oversupply of solar modules has pushed prices to record lows and threatened the competitiveness of manufacturing outside of Asia. Against this backdrop, a group of US companies has petitioned the Biden administration for further tariffs to be applied. While China has historically been the target of the US government, the latest levies are focused on Southeast Asian countries where Chinese manufacturers have set up shop: Vietnam, Malaysia, Thailand and Cambodia.
On today’s show, Dana is joined by co-host Tom Rowlands-Rees, and Pol Lezcano from our solar team. Together they discuss whether these tariffs could do more harm than good, given the push for net zero and the significantly cheaper modules that are already available. They also unpack the range and depth of the proposed duties, and how likely they are to support new and existing solar manufacturing in the US.
Complementary BNEF research on the trends driving the transition to a lower-carbon economy can be found at BNEF<GO> on the Bloomberg Terminal or on bnef.com
Links to research notes from this episode:
US Solar Manufacturers Call for More Expensive Modules - https://www.bnef.com/insights/33971
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