Solar firms eye options in emerging markets
3 weeks, 1 day ago

Solar firms eye options in emerging markets

China Daily  

An employee works at a solar panel production facility in Baotou, Inner Mongolia autonomous region, in May. LI ZHIPENG/XINHUA Chinese solar companies are turning their attention to emerging markets in Indonesia and the Middle East as the United States intensifies trade restrictions on imported photovoltaic products from various regions, analysts said. In early December, the US made a preliminary decision to impose antidumping tariffs of up to 271 percent on solar products from four Southeast Asian countries — Cambodia, Malaysia, Thailand and Vietnam — where many Chinese solar firms had already established production capacities. Regarding the heightened US tariffs on silicon wafers and polysilicon from China, Tan said the limited US silicon wafer manufacturing capacity and negligible existing crystalline silicon cell manufacturing capacity indicate that increased US tariffs may have minimal impact on the Chinese solar sector. "Despite significant subsidy support from the US Inflation Reduction Act, and the country's trade protections, its establishment of silicon wafer and polysilicon manufacturing facilities still faces challenges, and the current focus of US solar product manufacturing remains on module manufacturing," Tan added.

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