Canadian Tariffs On Chinese Solar Panels

A new tariff on cheaper chinese solar panels to appease ontario based manufacturers is hurting b c 8217 s solar installation industry.

Canadian tariffs on chinese solar panels.

In january 2018 trump imposed tariffs on solar panels and washing machines of 30 to 50 percent. Last year canadian was subject to the standard duty rate for named companies. Canada too has its protectionist. While the tariffs are designed to protect canadian solar panel manufacturers four of whom initiated the federal review by complaining about cut rate chinese panels the damage to employment.

Tariffs have made u s. One of the companies found to have dumped panels here is the chinese arm of canadian solar inc whose headquarters is in guelph ont and which has two canadian panel making plants in addition. This corresponds to a recent analysis conducted by greentech media. The president approved four years of tariffs that start at 30 percent in the.

The sentiment is echoed by chinese producer longi green energy technology co. This year the chinese canadian pv maker was selected for study and could receive a combined import duty rate as high as 51 4 for its cells made in china. Companies are finding ways to keep growing. Rose in 2018 but here s why that didn t happen.

Market experts estimate that the impact of the tariff in year 1 will be between 0 10 to 0 12 per watt. By year 4 the tariff s impact falls to only 0 04 to 0 05 per watt which results in less than a 2. Most companies that is but not canadian solar. Prices of bifacial products about 50 more expensive than elsewhere and the exemptions now.

The us tariff isn t the first in the industry as the european union tacked on a similar 30 per cent import duty on chinese solar products back in 2013. Solar panels are cheap despite trump tariffs it would make sense if solar panel prices in the u s.