Chinese Solar Shipments May Drop 75% on U.S. Tariffs, IHS Says
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Chinese solar panel shipments to North America may be cut by 75 percent this year because of an anti-dumping ruling by the U.S. Commerce Department, according to IHS Inc.
The cut in Chinese supplies may reduce North America’s total panel imports by 45 percent, driving up prices for the modules, El Segundo, California-based IHS said in an e-mailed statement. The consulting company had estimated Chinese manufacturers would account for 2 gigawatts of imports, a figure it says may now drop by as much as 1.5 gigawatts.