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WASHINGTON, D.C. — Final evening, President Biden issued a proclamation to boost the Part 201 tariff price quota (TRQ) for imported photo voltaic cells from 5 gigawatts (GW) yearly to 12.5 GW. The TRQ enhance to 12.5 GW is retroactive for cells imported on or after August 1, 2024.
Following is an announcement from Abigail Ross Hopper, president and CEO of the Photo voltaic Power Industries Affiliation (SEIA) on the administration’s announcement:
“SEIA strongly commends President Biden’s decisive motion to help American photo voltaic module producers by elevating the Part 201 tariff price quota on cells. This transfer supplies an essential bridge for module producers to entry the availability they want whereas the US continues to progress on photo voltaic cell manufacturing. This choice will assist create a robust, steady module manufacturing sector that may maintain strong cell manufacturing within the lengthy run.
“Federal clean energy policies are fueling a surge in domestic manufacturing investments across the country, which are helping us secure our supply chain and uplift American communities. The President’s recent actions are critical for maximizing the impact of these policies and ensuring the long-term success of American solar manufacturing.”
Courtesy of SEIA.
