TraderTate + 186 TS January 23, 2018 How badly is the 30% import tariff on solar panels really going to hurt US solar companies? I know this is hitting out at China, and at first glance it seems it would be good for US solar. Digging deeper, looks like it's going to harm US manufacturers as well. Quote Share this post Link to post Share on other sites
Kate Turlington + 44 KT January 23, 2018 Actually, it depends where you are in solar business. If you're manufacturing solar panels, this will benefit you. If you're installing, it will hurt. It'll slow down new solar capacity as I see it. And it will hurt any producers here who are using Chinese parts to manufacture solar panels. Still looking into it myself, but that's what I've understood so far. Quote Share this post Link to post Share on other sites
TraderTate + 186 TS January 23, 2018 SunPower and First Solar stocks look like they're doing just fine ... both up right now 2% and 3%. Quote Share this post Link to post Share on other sites
Stephen + 67 SM January 23, 2018 and what about washing machines? Quote Share this post Link to post Share on other sites
Seleskya + 50 AS January 23, 2018 Don't know about the washing machine impact, but SunPower was squawking early this morning about losing on this deal, but their shares seem to be doing just fine as TraderTate says. Quote Share this post Link to post Share on other sites
Carlsbad + 19 CB January 23, 2018 Solar Industry Association is saying that jobs will be the bit loser here. Estimates are that this move will cost 23,000 jobs, or 9% of the solar workforce. Quote Share this post Link to post Share on other sites
Joanna + 68 JT January 23, 2018 save two companies, kill 23,000 jobs. Weird math Quote Share this post Link to post Share on other sites
Meanwhile + 49 PT January 23, 2018 They're claiming 100k jobs will be created. Not sure how they reached that number, but...yeah. Quote Share this post Link to post Share on other sites
Rodent + 1,424 January 23, 2018 well, a couple foreign companies are looking to set up shop in the United States to avoid the tariffs, which makes sense. Quote Share this post Link to post Share on other sites
TraderTate + 186 TS January 26, 2018 SunPower just put its expansion plans on hold over these tariffs .... Quote Share this post Link to post Share on other sites
Seleskya + 50 AS January 26, 2018 yeah. That's a $20-million US factory expansion we're talking about (and the jobs that would go along with that). They are dangling this out there, saying no expansion until their solar panels are excluded from tariffs. Quote Share this post Link to post Share on other sites
TraderTate + 186 TS January 26, 2018 still not exactly clear on how their solar panels are affected by tariffs. Quote Share this post Link to post Share on other sites
Rodent + 1,424 January 26, 2018 Because SunPower has its biggest manufacturing facilities in Mexico and Philippines. Bring your manufacturing back to the states and all will be well. Quote Share this post Link to post Share on other sites
TraderTate + 186 TS February 15, 2018 Sunpower dropped 9% ... still banking hopes on appeal Quote Share this post Link to post Share on other sites
Selva + 252 SP February 16, 2018 But SolarEdge jumped 22% today. Quote Share this post Link to post Share on other sites
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