In 2018 the solar industry faced fundamental changes as the current administration implemented a new trade deal with Mexico and Canada, The United States-Mexico-Canada Agreement (USMCA). USMCA, proposed to replace the flawed North American Free Trade Agreement (NAFTA), included a hefty 30 percent tariff on solar panel imports as a direct response to China's dumping of cheap, heavily-subsidized solar panels onto the U.S. market. Reacting to the USMCA, many leading solar panel manufacturers halted overseas production and introduced manufacturing facilities in the United States. One of the most notable of these companies is Green Solar Technologies' new partner, LG, which recently opened a sola
The sun, that nearly perfect sphere of hot plasma at the center of our solar system, is estimated to be about 4.5 billion years old. It's also estimated that the sun will be around for at least another 4.5 billion years, so from a human perspective it isn't much of an exaggeration to say that the sun is eternal. We have known, long before we possessed the science to prove it, that our sun is the powerhouse of all life on earth and that without it humans wouldn't exist. But only very recently in our history have we discovered that the sun's energy could be harnessed and used to power our homes, businesses, vehicles, appliances, and so much more. https://finance.yahoo.com/news/green-solar-tech
the landscape of the global solar industry faced a fundamental shift when the Trump Administration, as a direct reaction to China's unfair advantage in the United States solar market, officially placed a 30 percent tariff on all solar imports. The tariffs, beginning at 30 percent are set to drop by five percent yearly, eventually leveling out at 15 percent in 2021. The reasoning behind the tariffs is to create a level playing field in the U.S. solar industry. The tariffs counteract the Chinese government's practice of subsidizing solar panel production which allows Chinese manufacturers to introduce their products to the U.S. market at artificially reduced prices. Green Solar Technologies (G
