About Tariffs on bifacial photovoltaic modules in Cuba
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6 FAQs about [Tariffs on bifacial photovoltaic modules in Cuba]
Will bifacial solar panels be exempt from tariffs?
In his announcement, the President included an exemption for bifacial solar panels. This decision comes after the ITC recommended in November 2021 to extend the safeguard tariffs for an additional four years. Proclamations
Will bifacial imports be exempt from Section 201 tariffs?
Today’s CIT decision allows imported bifacial modules to be exempt from the Section 201 tariffs. Since bifacial imports were not tariffed for over a year, the fourth-year rate of the overall tariff was adjusted from 15% to 18%. The tariff rate is now back to 15% (scheduled to end in February 2022).
Are bifacial solar panels subject to a tariff?
Bifacial solar panels were granted a full exemption from the tariffs in June 2019. Imports received a 25% tariff in 2019, a 20% tariff in 2020, and were scheduled for a 15% tariff in 2021. Various exemptions to the tariffs were allowed, mainly for small-wattage off-grid panels.
Is Biden considering exempting bifacial panels from Section 201 tariffs?
The Biden administration is said to be considering making bifacial panels exempt from extended Section 201 tariffs on solar imports, according to unconfirmed reports.
Will Biden extend bifacial solar panels?
On February 4, 2022, President Biden announced an extension and modification of the existing safeguard tariffs for an additional four years. In his announcement, the President included an exemption for bifacial solar panels. This decision comes after the ITC recommended in November 2021 to extend the safeguard tariffs for an additional four years.
Will Section 201 keep exemption on bifacial modules?
Reports suggest the new Section 201 rules would keep in place the exemption on bifacial modules in a major boon for the utility-scale solar industry in the US. Image: Ian Hutchinson via Unsplash
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