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WASHINGTON, D.C. — Yesterday, the Biden administration announced the results of its statutorily-mandated review of the Section 301 tariffs on China.
Following is a statement from Abigail Ross Hopper, president and CEO of the Solar Energy Industries Association (SEIA) on the administration’s announcement:
“SEIA commends the Biden administration for taking action to support the continued build out of U.S. solar and storage manufacturing. We are evaluating the announcement to determine its full impact, but it’s clear that several of these decisions will help improve the business conditions for American manufacturers.
“The Administration was thoughtful to include a tariff exclusion process for key machinery that companies need to manufacture solar components in the United States. A temporary tariff exclusion will help reduce production costs and incentivize increased investment in domestic manufacturing.
“We are also pleased that the Administration will delay the tariff increase on batteries for energy storage systems. This move provides a runway for continued production and deployment of energy storage to meet growing demand for electricity.
“We need an American-made solar and storage economy, and the Inflation Reduction Act (IRA) has brought us closer to that vision than any policy in history. Today’s announcement from the Biden administration will continue this progress, and SEIA is committed to finding additional solutions and equitable trade policy to establish the United States as the new global leader for clean energy manufacturing.”
Press release from SEIA®.
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