Marciano, Lavigne, Hofstetter Article on Impacts of Suniva Trade Case Published by Power Finance & Risk
“What does the Suniva Trade Case Mean for Deals in the Works?,” an article by Akin Gump global project finance partner John Marciano, counsel Greg Lavigne and international trade associate Shana Hofstetter, has been published by Power Finance & Risk.
In this article, the authors discuss the possible effects of a tariff or price floor on solar projects that are in development or on the drawing board.
With the Suniva trade case, under Section 201 of the 1974 Trade Act, moving to the remedy phase, the potential for a tariff or price floor for foreign-made solar components is becoming more real.
Will we see a blip in solar projects coming on line? Will pricing for solar power change?
Suniva Inc. argues that underpriced solar imports have hurt its ability to compete. The International Trade Commission (ITC) has agreed unanimously that the dumping of imported solar cells and modules has harmed the U.S. solar manufacturing industry. The case is now in the “remedy” phase before the ITC as that body seeks to determine what is to be done about the harm.