Tony Clifford, chief executive of Maryland-based Standard Solar, says the US solar industry would need "a minimum" two-year extension of the 30% Investment Tax Credit (ITC) to counteract the duties recently slapped on Chinese and Taiwanese PV kit on a preliminary basis.
The duties may be finalised later this summer.
Compared to the US wind industry, which has been handicapped by the on-again-off-again Production Tax Credit, the US solar industry has been in the enviable position since 2008 of having had the 30% ITC in place through the end of 2016 – an exceptionally long period of certainty by the standards of US renewables.
The
