The Biden administration’s target to cut U.S. power generation GHG emissions by 50% in 2035 depends on a rapid build out of solar power generation. Yet, there are a mixture of short-term challenges facing the sector. Section 201 “safeguarding” import duties were increased on Feb. 7 as a result of a Trump administration ruling made in 2020. President Biden will need to decide whether to retain or reject the tariffs. U.S. imports of solar panels reached $8.21 billion in 2020 versus $8.30 billion in 2016, though there was an 18.3% year over year slide in imports in Q4’20. There’s also chall...
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