Biden’s signature climate change-related spending policy, the Inflation Reduction Act, is said to be going under the knife once Trump takes office in January. But with Republican districts now full of solar, and solar manufacturing facilities, the real risk is changes to the so-called 45X tax credit.
A new solar company called Ebon Solar has secured a $10 million grant from the state of New Mexico, along with $1 million in financing and another $1 billion in a state-backed bond, to build an 834,000-square-foot solar cell manufacturing facility near Albuquerque.
The U.S. Department of Commerce yesterday made a significant preliminary determination in its investigation into solar imports from Vietnam, Cambodia, Malaysia, and Thailand, confirming illegal trade practices through foreign subsidies.
This decision represents a significant step toward protecting American solar manufacturers and the billions of dollars in U.S. investments at risk from China’s predatory and illegal trade practices.
by Kenneth Rapoza for Newsweek Despite support for tariffs among American voters, many career Republican politicians still oppose this vital policy tool while they cling
To craft a pro-America trade and economic agenda, Harris should pledge to increase overall tariffs, use tax credits more broadly to grow critical production, and ignore Wall Street’s call to return to the failed trade policies of the past.
The tariffs, originally implemented during the Trump administration and strongly supported by CPA, will now be raised on critical sectors, including steel and aluminum, semiconductors, electric vehicles, batteries, solar cells, critical minerals, ship-to-shore cranes, and medical products.
The report details how China has strategically positioned itself to dominate the U.S. and global solar markets through a combination of government subsidies, overproduction, and exploitation of U.S. policy loopholes—most notably, the tax credits created by the IRA.
For years, the Solar Energy Industries Association (SEIA) has served as a de facto mouthpiece for Chinese solar manufacturers, consistently pushing policies that benefit China’s dominance in the solar industry at the expense of American manufacturers.
Commerce Secretary Gina Raimondo was asked to impose anti-dumping and countervailing duties (AD/CVD) on Southeast Asian solar companies in a letter from the United Steelworkers Union (USW) on Aug. 27.
