U.S. Solar Companies Seek Additional Tariffs on Panel Imports From Asia

00:00

00:00/00:00

Listen to this article 1x

Biden’s Inflation Reduction Act delivered tens of billions of dollars in subsidies for new solar factories, but the U.S. still depends on imports from Asia for most of its panel supply. Photo: Bloomberg

(Bloomberg) — Solar manufacturers are asking the U.S. government to slap duties on $12.5 billion of imported equipment from Southeast Asia, setting the stage for a sweeping trade probe that threatens to make power projects more expensive.

In petitions filed Wednesday, seven panel-makers and polysilicon producers seek trade help to counteract what they say are unfair practices by overseas rivals. Their requests raise the prospect of tariffs as high as 271.5% later this year.