U.S. solar projects could boom amid deadline to use up tax-exempt panel glut

Source: theglobeandmail.com theglobeandmail.com

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A two-year U.S. tariff holiday on solar panels from Southeast Asia expires on Thursday, starting the clock ticking for American project developers to use the huge amount of equipment they stockpiled duty-free over that period by the end of this year. The dynamic could result in a mini-boom in already red-hot U.S. solar installations, while also annoying the nascent domestic manufacturing industry which is keen to see developers make the switch to American-made gear. U.S. solar developers accumulated around 35 gigawatts (GW) of imported panels in U.S. warehouses since President Joe Biden lifted the duties on Malaysia, Thailand, Cambodia and...