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Prospect of Trump Tariff Casts Pall Over U.S. Solar Industry

           

FILE PHOTO: An employee makes a final inspection on panels during a tour of an REC solar panel manufacturing plant in Singapore, May 5, 2017.  Edgar Su/File Photo

reuters.com - by Nichola Groom - July 25, 2017

U.S. solar companies are snapping up cheap imported solar panels ahead of a trade decision by the Trump administration that could drive up costs and cloud the fortunes of one of the economy's brightest stars.

Domestic consumers and businesses have been embracing solar energy at a furious pace - thanks to a big assist from China. Low-cost photovoltaic cells and panels made in China and other Asian countries have helped drive down costs by around 70% since 2010, enabling more Americans to go solar.

Installations in the United States last year hit a record. Jobs are mushrooming too.

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