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“If you define the problem correctly, you almost have the solution.” – Steve Jobs
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In 2018, the Solar Energy Industries Association (SEIA) published a study analyzing the impact of the Section 201 tariffs on the growth of the solar industry in the US. The findings are bleak. Several solar panel manufacturers invested in additional manufacturing capacity in the US mainly assembling plants. Based on an industry-wide perspective, the tariffs resulted in 62,000 lost solar jobs and $19 billion in lost solar investments.
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The project volume losses equaled enough solar production capacity to have powered nearly 2 million homes. SEIA points out that it’s not just the economy that has been adversely impacted carbon emissions. Tariffs increase carbon emissions because the lost solar development would have reduced the emissions of about 5.5 million cars.
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This loss of potential jobs is the opposite of what the Trump administration says it wants for the US markets. Trump would rather lose jobs then reducing climate change, the jobs are not important when it helps humanity and the planet. The study found that the tariffs contributed to solar prices in the US being 50 percent higher than in the rest of the world.
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Several manufacturers have invested in manufacturing capacity within the US. Because Section 201 tariffs were implemented companies like Jinko, Hanwha, Silfab, and LG, added assembly plants in the US market. Although the solar panel manufacturing capacity of the US remains small in comparison to that of other countries, these manufacturers have contributed to solar jobs in Florida, Alabama, Georgia and Washington.
[/vc_column_text][/vc_column][/vc_row][vc_row css_animation=”” row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” angled_section=”no” text_align=”left” background_image_as_pattern=”without_pattern” css=”.vc_custom_1584019645482{padding-top: 50px !important;}” z_index=””][vc_column][vc_column_text]If you have module requirement presently deciding soon is important as pricing will start going up soon. I recommend that you lock you price down by placing a down payment. USD has opportunities where we believe you can save money. Please contact Karlita or Robert and we will do our best to get you the module you want and save you money.[/vc_column_text][/vc_column][/vc_row]