Market update · Global
US Solar Module Import Prices Rise Over 40% Following Section 232 Tariffs
Since the Trump administration imposed tariffs under Section 232 in August, the median price of solar PV modules imported to the US has increased by more than 40%. This price rise reflects supply chain uncertainties and is expected to continue beyond the December 4 tariff enforcement date. Industry experts advise early procurement and prioritizing domestic manufacturing to mitigate cost impacts.
SolTraCo market update · · 3 min readSignificant Price Increase Due to Section 232 Tariffs
The median price for solar PV modules imported to the US has risen by over 40% since the tariffs under Section 232 were introduced in August by the Trump administration. This increase is confirmed by data from Anza comparing prices before and after the tariff announcement.
Specific module types such as tunnel oxide passivated contact (TOPCon), passivated emitter rear contact (PERC), and heterojunction (HJT) modules have seen price increases, with average prices reported around US$0.38/W to US$0.39/W, though some prices are higher.
Procurement Timing and Supply Chain Considerations
Industry leaders emphasize the importance of early procurement ahead of the December 4 deadline when minimum import prices take effect. Modules require time for shipping and customs clearance, and available lower-cost supply is already becoming limited.
Anza recommends buyers prioritize purchasing from domestic manufacturers and seek components that can clear US Customs before the tariff enforcement date to avoid further cost increases.
Ongoing Price Trends and Market Impact
Data indicates that module prices are expected to continue rising, with post-December 4 quotes showing an additional approximate 15% increase. This suggests sustained upward pressure on solar module costs in the US market.
Comparatively, module prices in Europe remain lower, highlighting regional disparities influenced by tariff policies.
Sources
This update is an original SolTraCo synthesis of the linked industry sources. Reported facts and commercial interpretation are kept separate. It does not contain confidential deal information and is not investment, legal or technical advice.