If a case currently before the U.S. International Trade Commission (ITC) results in petitioners Suniva and SolarWorld winning the relief they seek for solar panel pricing, Schletter President and CEO Rusty Schmit says his solar mounting systems manufacturing business could be cut in half. That would be a loss of about 100 jobs, according to a new Profiles in American Solar Manufacturing report released by the Solar Energy Industries Association (SEIA) in advance of Solar Power International in Las Vegas this week.
The ITC case could see the government set the price of solar panels at more than double the current market price.
According to the report, there are about 600 solar manufacturers and about 38,000 manufacturing workers in the U.S. SEIA says that tariffs proposed in the ITC case could cost the U.S. more than 10,000 jobs in the solar manufacturing sector alone.
Hear more from SEIA, Schletter’s Schmit and other members of the solar industry in this video released yesterday by the SEIA.
The ITC ruling either in favor of or against Suniva and SolarWorld on September 22 will send shockwaves throughout the global solar industry. But what does it really mean for solar customers, solar companies and the rest of the solar supply chain in the United States? Will the market suffer or flourish because of this trade war?
Join Renewable Energy World’s Chief Editor Jennifer Runyon for a webcast with SEIA President and CEO Abigail Ross Hopper; NEXTracker CEO Dan Shugar; and Matthew Nicely, Partner, Hughes Hubbard & Reed, on what happens next following the Sept. 22 ruling.
Click here to register for the webcast: What Now? How You Should Be Positioning Your Business in Light of the ITC Ruling
Lead image credit: Groundwork Renewables