Heliene is a solar module provider operating in North America, while Premier Energies is the second largest solar cell manufacturer in India.
Vedanta Nico will be the preferred nickel supplier to US-based battery innovator Aesir Tech to develop nickel-zinc batteries for electric vehicles.
A new report from Clean Energy Associates (CEA) and the American Council on Renewable Energy shows how antidumping and countervailing duty (AD/CVD) tariffs create cost issues not just for imported solar panels, but for US-made solar panels as well.
Hindustan Zinc will be the preferred supplier of zinc for the US-based battery company AEsir Technologies.
Clean Energy Associates released a summary of the seven solar module trade policies and solar panel import tariffs currently in place, including AD/CVD rulings, Section 201/302, and the Uyghur Protection Act. These tariffs have significantly increased, or will increase, the cost of hardware imports into the United states – predominantly from China, but not exclusively – by 91% to 286%.
Global manufacturer Canadian Solar challenges prevailing support for tariffs among solar manufacturers, questions the accuracy of capacity estimations, and adverse financial effects.
India’s solar module exports hit $1,969.13 million in fiscal 2023-24. Out of this, shipments to USA totalled $1,939.92 million.
The Office of the President has turned its focus to solar panels, announcing the removal of the bifacial solar panel Section 301 tariff exclusion and addressing issues of stockpiling during trade cases, alongside promoting the nation’s manufacturing base.
With solar module oversupply triggering a price freefall in 2023 and no recovery in sight, market consolidation, inventory pile-up, technology shifts, and challenges to reshoring PV manufacturing are set to affect all levels of the solar supply chain.
US-based Enfinity Global has secured $135 million in long-term financing to advance the development of its 1.2 GW of solar and wind projects in India. The financing is being provided by Canada Pension Plan Investment Board
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