Solar Market and Cost Analysis slide image

Solar Market and Cost Analysis

U.S. PV Module Imports (GWdc) Q1-Q3 2022 U.S. Module Imports by Tariff • In Q1-Q3 2022, only 10% (1.9 GWdc) of modules reported Thin-film Modules, Not subject to Section 201 18.0 16.0 14.0 12.0 10.0 8.0 6.0 4.0 Q1-Q3 2022 U.S. Module Imports by Tariff Section 201 Duty Reported c-Si Exempt from Section 201 2.0 0.0 Section 201 Duty Reported No Section 201 Duty Reported Section 201 Dutiable, but No Duty Reported • a tariff, compared to 62% (11.5 GWdc) in Q1-Q3 2021. • Most of the modules that did not were c-Si technology panels exempt from Section 201 tariffs (11 GW dc, 61%) or thin-film and not subject to tariffs (4.7 GW dc, 26%). • The c-Si imports were likely bifacial panels, which the Biden administration exempted from Section 201 duties in February 2022. CdTe panels are not subject to the various duties to which c-Si modules are subject, and they do not have a supply chain in locations currently scrutinized over the use of forced labor. In Q3 2022, imports of c-Si panels exempt from Section 201 tariffs increased nearly 300 MW dc (+8%), cooling a nearly exponential trend over the prior three quarters. • Q1-Q3 2022 imports of thin-film modules were up 26%, or nearly 1 GW dc y/y. Notes: We assumed all modules not subject to Section 201 tariffs are reported under "Free under HS Chapters 1-98" or "Entered into U.S. Virgin Islands," with exemptions coming from HTS code 8541406015/8541430010, and technologies not applicable reported under HTS code 854140603. We assumed all panels subject to Section 201 duties are reported under "Dutiable- HS chapter 99." Manual corrections were made to the following value due to suspected data entry errors for HTS code 8541430010: Cambodia February 2022. Sources: Imports by HTS code: 8541460015(2018-2021)/8541430010(2022-) and 8541460035(2018-2021)/8541430080(2022-), Second Quantity (watts), and Rate Provision Code from the U.S. International Trade Commission DataWeb as well as the U.S. Census Bureau USA Trade Online tool and corrections page as of 1/19/23. NREL 51
View entire presentation