The Tariff Results. SEIA launched a report displaying that the photo voltaic tariffs have brought about greater than 62,000 job losses or missed progress. At the very least $19billion in non-public funding was misplaced whereas 10.5GW of photo voltaic was not put in. The hurt hit the States which have essentially the most borderline markets already that might have created job and enterprise alternatives if US modules had been priced on the identical degree as different markets globally.
Trump White Home Claims ‘Faux Information’. Navarro known as SEIA “a unfastened confederation of Chinese language photo voltaic firms searching for to destroy American photo voltaic manufacturing jobs and U.S. photo voltaic installers that need low-cost Chinese language panels and don’t care what number of American jobs are destroyed by China’s closely backed business.”
SEIA’s Abby Hopper Responds. “We had been heartened to listen to the president speak at the moment about his concern over local weather change, and I feel we’re all in settlement that better use of photo voltaic vitality and a powerful photo voltaic manufacturing presence is a method we will meet our collective objectives of continuous American financial progress and addressing local weather change in a significant means. We’d be thrilled if Mr. Navarro would come to one in every of our conferences and meet a few of the 240,000 Individuals who work on this nice business, together with the tens of 1000’s of people who find themselves manufacturing photo voltaic merchandise. We sit up for working with the Trump administration on methods to advance actual manufacturing progress with out these significantly counterproductive tariffs.”
SolarWakeup Feedback. The White Home doesn’t have to love the report and might even rebut it. They might have simply countered by saying that photo voltaic is rising and new manufacturing has been constructed within the US because of their coverage. As a substitute they go straight to the faux information and the kicker quote. SEIA is numerous issues and never excellent from my standpoint however diminishing the affiliation to a “unfastened confederation” or “Chinese language photo voltaic firms” that “don’t care about American jobs” is full malarkey. Most of you studying this article are members of SEIA and know that the roles you create and also you maintain are cared about. I don’t care what occasion you come from, there must be sturdy condemnation of the Navarro feedback.
A New Period Of Funding. Axios’s Dan Primack, whom I bumped into at SFO yesterday, is out with a renewable vitality article. That is information by itself provided that he covers non-public fairness in better element than any reporter. The TL:DR is capital is drying up for fossil gasoline era and numerous the funding goes to go in the direction of renewable vitality. In fact now we have to ensure the pipeline is powerful sufficient for the capital to have an interest. The additional takeaway is that executives and board administrators can have regulate their messaging and technique going ahead. Watch this area.