Le Lézard
Classified in: Oil industry, Business
Subjects: TRD, AVO

Solar Industry Expects Loss of 88,000 Jobs in U.S. Next Year if Government Rules in Company's Favor in Trade Case


WASHINGTON, June 15, 2017 /PRNewswire-USNewswire/ -- The Solar Energy Industries Association (SEIA), the national trade association for the solar industry, said today that an estimated 88,000 jobs, about one-third of the current American solar workforce, would be lost if Suniva gets trade protections proposed in its petition with the U.S. International Trade Commission (ITC).

Solar Energy Industries Association (SEIA)

This spring, the Georgia-based company asked the ITC to place a tariff on imported solar cells and set a price floor for virtually all imported panels,arguing that it cannot compete with foreign rivals. Suniva, which is majority-owned by a Chinese firm, filed the petition after declaring bankruptcy in April.

Among the states standing to lose the most jobs include California with an expected job loss of 15,800, another 7,000 jobs would be lost in South Carolina, and 6,300 in Texas, according to preliminary estimates by SEIA.

Despite Suniva's claims that its move is meant to protect domestic manufacturing, SEIA found that U.S. solar manufacturing jobs will actually decline if the petition is granted.

"These new estimates show the potential damage to the solar industry as a result of this petition," said SEIA President and CEO Abigail Ross Hopper. "Rather than help the industry, the action would kill many thousands of American jobs and put a stop to billions of dollars in private investment."

"Our estimates show that even in the states where Suniva and its lone supporter, SolarWorld, have operations, if the petition succeeds, there would be many times more jobs lost than expected gains for two struggling companies," Hopper said.

The case comes after a record-breaking year of solar energy growth in 2016 when industry jobs grew by 25 percent year-over-year and electricity generating capacity nearly doubled.

SEIA forecasts that solar jobs would be lost in all segments of the market. The utility-scale market, which has paced the industry's growth for years, would see jobs shrink by 60 percent, while residential and commercial employment would fall by 44 percent and 46 percent, respectively, SEIA said.

"Suniva's trade petition has the potential to negatively impact more than a thousand hardworking Swinerton installers throughout the United States, with emerging utility-scale markets taking the hardest hit," said George Hershman, senior vice president and general manager of Swinerton Renewable Energy. "Should the petition be approved, those markets would no longer be cost-competitive, killing a growing economy and a real opportunity for job creation."

After declaring bankruptcy, Suniva on Apr. 26 filed its petition with the U.S. ITC, which agreed to take the case on May 23. The agency is expected to make a decision by Sept. 22 and if it finds relief is in order it will make a recommendation to President Trump by Nov. 13. The president then has 60 days to act.

For more information about the trade case, and SEIA's work to oppose it, see our fact sheet.

About SEIA®:

Celebrating its 43rd anniversary in 2017, the Solar Energy Industries Association® is the national trade association of the U.S. solar energy industry, which now employs more than 260,000 Americans. Through advocacy and education, SEIA® is building a strong solar industry to power America.  SEIA works with its 1,000 member companies to build jobs and diversity, champion the use of cost-competitive solar in America, remove market barriers and educate the public on the benefits of solar energy. Visit SEIA online at www.seia.org.

 

SOURCE Solar Energy Industries Association


These press releases may also interest you

at 07:32
JinkoSolar Holding Co., Ltd. (the "Company," or "JinkoSolar") , one of the largest and most innovative solar module manufacturers in the world, today announced that its 2000-Volt EAGLE® Modules were the first in the world to be qualified as UL listed...

at 07:30
Group14 Technologies, Inc., the world's largest global manufacturer and supplier of advanced silicon battery materials, was named as the silicon battery material manufacturer enabling "breakthrough performance" in Molicel's ultra-high-power P50B...

at 06:30
PermRock Royalty Trust (the "Trust") today declared a monthly cash distribution to record holders of its trust units representing beneficial interests in the Trust ("Trust Units") as of May 31, 2024, and payable on June 14, 2024, in the amount of...

at 06:16
Aramco, one of the world's leading integrated energy and chemicals companies, has signed an agreement with Pasqal, a global leader in neutral atom quantum computing, to install the first quantum computer in the Kingdom of Saudi Arabia. The agreement...

at 04:15
The CEME1 480MW Project, now the largest photovoltaic (PV) installation in Chile, has successfully reached full capacity grid connection. PowerChina Huadong Engineering Corporation Limited, the contractor of the project, utilized high-performance...

at 02:00
? Africa Oil Corp. ("Africa Oil", or the "Company") is pleased to announce that the Company repurchased a total of 1,303,800 Africa Oil common shares during the period of May 13, 2024 to May 17, 2024 under the previously announced share buyback...



News published on and distributed by: