09 Feb '18, 1pm

Clean Energy News: Wind to soar past solar in the US following tariff - Energy Digital…

Clean Energy News: Wind to soar past solar in the US following tariff - Energy Digital…

Following the tariff that the Trump administration placed on the imports of foreign-manufactured solar panels, it appears that the nation’s wind industry is taking off. The presidency launched a tariff through a Section 201 safeguard clause, claiming that imported goods are “a substantial cause of serious injury to domestic manufacturers”. With the implementation of the tariff, solar panels are to be taxed a tariff of 30% during the first year, followed by a decline to a 15% fee after four years. According to analysts, in order to replace the whole in the solar sector, wind power will be used even more. The renewable power generation was already set to have a successful year, which is now likely to be catalysed by the tariff. SEE ALSO: Paris climate talks reveal Trump card for business BP to commit $500mn to low-carbon projects Bumpy Ride for Electric Vehicles in the US Re...

Full article: http://www.energydigital.com/renewable-energy/wind-soar-p...

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