The Biden Administration recently waived tariffs on solar panels from four countries in a move advocates say will accelerate the clean energy transition and benefit national security.
The waived tariffs apply to four Asian countries— Cambodia, Malaysia, Thailand and Vietnam—over the next two years. The action was hailed by solar industry and environmental advocates.
Due to fears of tariffs being enacted retroactively, solar industry-wide delays had stalled some planned shutdowns of coal plants. The tariff decision was part of a larger announcement that authorizes the Defense Production Act (DPA) to increase U.S. production of clean energy technology like heat pumps.
The announcement also authorizes the DPA to produce solar panel parts, building insulation, equipment for making and using clean electricity-generated fuels, and power grid infrastructure including transformers.
The DPA action is intended to decrease U.S. reliance on gas and oil, which the administration says, will benefit national security. It will also spur domestic manufacturing, construction projects, and good-paying jobs, the administration said.
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Cambridge, Mass.
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ZweigWhite Announces 2009 Best Firms to Work For
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