Huawei did not respond to pv magazine‘s request for comments by press time. Another market leader among Chinese inverters makers, Sungrow, was not listed among those inverter makers most likely to be affected by the tariffs. This may be due to the company recently opening a 3 GW inverter factory in India.
GTM Research’s Shiao notes that even at 25%, the system-level impact of any tariffs on inverters will be minor, but that the market disruption caused by several ongoing trade actions may be the real problem. “The bigger challenge is the continued cost uncertainty from all of these trade policies,” explained Shiao.
“The U.S. has AD/CVD tariffs, Section 201, Section 232 on steel (affecting tracker prices) and now these tariffs. Cost projections for solar has never been simple with the base market dynamics and the continued surprise and threat of new tariffs creates unnecessary uncertainty in supply chains and cost planning.”