The news, distilled into what matters.
US Commerce Department finalizes steep duties on solar imports from India, Indonesia, Laos
- The U.S. Commerce Department slapped steep anti-dumping and countervailing duties on solar cells and panels from India, Indonesia and Laos — roughly 123% for India, 94% for Indonesia and 65% for Laos (with higher subsidy rates in places).
- The move is meant to shield U.S. solar makers (like First Solar, Hanwha Qcells and Mission Solar) and could ripple into higher prices or supply shifts for panels and projects.
- The U.S. International Trade Commission will rule on Oct. 14 whether U.S. producers were injured; if so, final duty orders are likely in November — a repeat of past actions that pushed Chinese production elsewhere.
Read full article
Get the full experience in the app — topics, comments, and audio summaries.