Key Points With 86 Gigawatts of planned solar module capacity and some 30 Gigawatts of imports, the U.S. market faces huge oversupply of solar modules.
Renewable energy industries are vital for America in the 21st century. The US must have a diversity of energy sources including solar power, wind power, hydroelectric, and fossil fuel. We must have the capability to manufacture the vital equipment and supplies in each sector because a healthy energy sector is essential for national and economic security.
For much of the 20th century, the US was dependent on oil supplies from foreign nations, at great cost to our economy, our national security, our foreign policies, and our pocketbook. We must ensure we are never again in that position. We can do that by creating the conditions so that the two most important growth sectors in energy, solar power and wind power, are produced here with equipment and technology developed and located here in America.
An alarming new report from Horizon Advisory details China’s distortion of the global solar industry and how that threatens the national and economic security of the United States as it “risks making the United States dependent, and dependent on an adversary, for a strategic, future energy source.”
Section 201 solar safeguard tariffs were supposed to ruin the solar business and completely stall deployment of solar on rooftops and vacant fields controlled by electric utility companies. But according to a U.S. government report, they did nothing of the sort.
Rep. Frank Lucas (R-OK-3) sat down with the Hudson Institute on Monday for a one hour event on how to counter China economically and the biggest takeaway was the obvious: it won’t be easy, and everyone has a different opinion on it.
CPA Applauds Letter from Senators Ossoff, Brown, Rubio, Rev. Warnock Calling for Increased Tariffs on Imported Chinese Solar Products
The Senators argued China’s heavily subsidized products are hurting U.S. efforts to reshore domestic solar manufacturing — a key energy security goal.