Solar industry says $5.6B in Southeast projects threatened by tariff

Southeast Energy News

12/19/17

As much as $5.6 billion in solar investments and nearly 15,000 jobs in four Southeast states would be at risk if President Trump places tariffs on imported solar panels, according to an industry analysis.

Trump is expected to decide by January 26 if the solar industry’s heavy reliance on solar panels imported from China and elsewhere are primarily responsible for the financial difficulties of two U.S. manufacturers. One of them, Georgia-based Suniva, has declared bankruptcy and has at least temporarily shut down operations.

The prospect of the tariff poses a significant threat to the growth of solar in Florida, Georgia, North Carolina and South Carolina, according to data compiled for the Solar Energy Industries Association (SEIA) by GTM Research, a Rutgers University economist and the Hughes Hubbard & Reed law firm.

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