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April 29, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--The politics surrounding the market for solar components is heating up again, after two major trade groups representing numerous solar players filed of a set of antidumping and countervailing duty petitions with the U.S. International Trade Commission (USITC) and the U.S. Department of Commerce. The parties are asking the government to investigate potentially illegal trade practices by Cambodia, Malaysia, Thailand and Vietnam that they say are injuring the U.S. solar industry. Industrial Info is tracking more than $16 billion worth of active and planned projects for the manufacturing of solar panels and cells within the U.S., including more than $6 billion worth under construction.
The Solar Energy Industries Association (SEIA) and the American Alliance for Solar Manufacturing Trade Committee joined several other trade groups, such as the American Clean Power Association (ACP) and the American Council on Renewable Energy (ACORE), in urging action against primarily Chinese-headquartered companies that they say threaten to turn the U.S. into "a dumping ground for foreign solar products."
Companies featured: Hanwha Group, Maxeon Solar Technologies Limited (NASDAQ:MAXN) and Enel Green Power.
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