Texas, a 100 million U.S. dollar 100-megawatt solar farm was shelved as the solar industry waited for the U.S. Trade Commission's final offer to President Trump to impose a strict tariff on imported solar modules.
McCarthy Construction Company, which is in charge of EPC construction, was told not to start building the project until the price of the components was clear.
The spokesman added that almost every client told the same thing - postponing construction until the price of components was stable, including more than 400 million items canceled in the country.
The 'Suniva Effect' prompted some developers to hoard solar modules to discourage significant price increases, but developers are increasingly reluctant to sign final contracts for fully funded projects due to price volatility.
Currently residential and small business markets are less affected by the uncertainty, and utilities scale projects such as Stockton Fort have seen a significant slowdown.If the US International Trade Commission advises the president of non-US made crystalline silicon (c-Si) component of the application of major sanctions, the situation will get worse, because it is the most commonly used in the United States module.
Petitioners who submitted trade cases in March believe more than 20 U.S. c-Si makers have failed over the past five years, implying that a high degree of sanctions on imported components could severely limit large utility projects.