D&D TARIFFS SWEDEN
EXPORT - ALL PLACES TARIFF IN EURO FREE DAYS ARE IN DAY DAYS AFTER FREE DAYS ARE IN DAY EFFECTIVE DATE: 10-JAN-2025 EXPIRATION DATE:
Mitigating tariff risk in battery energy storage system (BESS) projects is crucial for ensuring project financial viability, as tariff changes can significantly affect cost structures and overall project economics.
Other “Domestic” Suppliers: A few manufacturers with U.S.-based production or assembly – such as Hanwha Qcells (Georgia factories), First Solar (Ohio), Mission Solar (Texas), and Silfab (Washington) – do not incur these import tariffs on their U.S.-made panels. They have an effective price advantage now.
In summary, as of April 2025 we see solar panel prices up by 20–40% (depending on origin), inverters up ~10–30%, and battery costs up significantly (~30% or more) compared to pre-tariff levels. These increases correlate directly with the reciprocal tariff rates imposed (34% on China, 36–49% on SE Asia, etc.), underlining the tariffs' impact.
For instance, REC Group (Singapore) panels carry only a 10% tariff; JA Solar's new factory in Phoenix (if operational) would be exempt entirely; and Waaree Energies (India) indicated the 27% U.S. tariff on Indian goods is manageable and hasn't changed their near-term pricing strategy.
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