Categorized | Renewable energy, Solar power

Solar trade wars coming between US vs China and India

Credit: wikimedia.commons.org

Credit: wikimedia.commons.org

Trade wars are generally futile and counter-productive. The US and China are already escalating their solar trade war. Now the US has filed suit with WTO against India’s domestic requirements for solar.

There are more than 10 solar trade disputes now ongoing at both a domestic and international level, notes Solarbuzz senior analyst Michael Barker. Their outcomes, he says, could “dramatically change the solar PV industry supply-chain, potentially creating separate zones in terms of supply and demand — a risky prospect within an industry already struggling to reach supply/demand rationalization.”

All of this will only hurt installation of new solar by driving up prioces and making supply chains dicey.

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