Potential Impacts of 2024 Antidumping and Countervailing Duties on the U.S. Solar Industry

Potential new tariffs resulting from the antidumping and countervailing duty (AD/CVD) investigations into solar cells and modules imported from Cambodia, Malaysia, Thailand, and Vietnam could increase costs to a level that significantly restricts solar supply and installations in the U.S., impeding America’s ability to create jobs, provide clean, affordable energy, and achieve climate targets.

Commissioned by the American Council on Renewable Energy (ACORE), this Clean Energy Associates analysis outlines how the U.S. solar sector is currently in good health with a fast-emerging domestic solar manufacturing supply chain. However, the imposition of new, unpredictable AD/CVD duties on solar cells and panels from Southeast Asia could raise U.S.-made module costs by 10 cents per watt and imported module costs by 15 cents/watt. These higher prices implemented on top of other headwinds, including domestic factors and trade restrictions already in place and impacting the industry’s trajectory, could seriously hinder America’s progress on solar deployment.