As solar panels continue to become more popular, the need for safe, regulated, and reliable movement and storage of these panels will increase exponentially. Moving solar panels from one location to another is not a simple task, and these panels are not cheap to replace. Critical supply chain management and resource availability is crucial to safely and securely deliver panels to their destination.
4PL operator and international trade consultant, ITC Diligence International Inc., has developed and enhanced their supply chain and FTZ warehouse management strategy for over 30 years. The direct benefit of working with a 4PL operator like ITC Diligence International Inc. is the ability to manage, move, and store goods, like solar panels, using FTZ warehouses and other supply chain resources around the world.
For over 3 decades ITC Diligence International Inc. has focused on growing their resources to help importers navigate the many supply chain issues that have arisen during that time, which means the more recent logistical challenge of easily and safely moving and storing solar panels, was easily solved. Strict guidelines around how these panels are moved need to be followed, in addition to taking great care and effort to make sure the panels are not damaged or destroyed in transit.
Renewable energy continues to be a hot conversation among political leaders, business owners, and technology innovators everywhere. Solar panel movement and storage is always part of the conversation which means supply chain infrastructure will need to follow suit. Fast FTZ warehouse availability, critical supply chain inventory management, and strategic tariff and CBP fee control, are just a few of the ways working with a licensed customs broker, like ITC Diligence International Inc., will bring added value to any importer or exporter.
Changes in Solar Panel Tariffs
The Commerce Department is currently investigating solar panels being imported from Cambodia, Malaysia, Thailand, and Vietnam to determine if they are circumventing tariffs by having certain solar panel parts made in China. This investigation has concerned global figures everywhere including state governors, lawmakers, industry officials and leaders, in addition to many environmentalists, as it could lead to an increase of up to 250% in tariffs of. Climate concerns remain top of mind for all political leaders, so in an effort to calm these tariff increase concerns, the Biden Administration has extended a tariff exemption for an additional 24 months that was originally granted under the Trump Administration.
Anti-dumping tariffs and countervailing duties have been implemented on solar panels before by the Department of Commerce (DOC), some very recently.
In 2018, the DOC imposed a 2-100% tariff on solar panels imported from Australia, Brazil, Kazakhstan, and Norway. Then, in 2021, the DOC imposed another tariff of 160% on panels arriving from Malaysia, Bosnia and Herzegovina, Iceland, and Kazakhstan. Both tariffs were assessed after thorough investigations determined dumping from these countries was damaging the local US manufacturing industry of PV materials.
ITC Diligence International Inc. can help establish a personalized strategy around the safe and secure movement, storage, and delivery of solar panels from anywhere in the world. Being a 4PL operator and international trade consultant for over 30 years means the relationships, networks, solutions, and experience that ITC Diligence International Inc brings to importers and exporters today has been tested, and proven.
Reach out to learn more about the 4PL operator program that ITC Diligence International Inc. has developed with over 30 years of supply chain problem solving. This includes expert advice about solar panel FTZ warehouse storage and supply chain solar panel inventory management.