1,200%. According to Bloomberg New Energy Finance, that’s how high imports of Chinese modules rose in the fourth quarter last year, in a desperate attempt to stockpile sufficient numbers before tariffs choked off international supplies.
The Chinese manufacturer confirms that it has authorized its U.S. subsidiary to finalize plans for the investment.
The decision, released on U.S. Trade Representative Robert Lighthizer’s website, could keep current U.S. module manufacturers in business by keeping their cell lifelines open.
Reports say an unreleased memo circulating within the White House lays out arguments for the strongest of trade sanctions against Chinese solar module makers in what is likely a bad sign for U.S. solar markets.
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