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Commerce Department Probe Shakes Up U.S. Solar Industry

Commerce Department Probe Shakes Up U.S. Solar Industry


Industry Segment: Power | Word Count: 1202 Words

May 18, 2022--Researched by Industrial Info Resources (Sugar Land, Texas)--Before this year, San Jose, California-based solar panel manufacturer Auxin Solar was a relatively obscure U.S. solar panel producer, but now that's changing. Earlier this year, the company made a complaint to the U.S. Commerce Department that set in motion an investigation that is shaking up plans by U.S. solar developers and threatens to derail President Joe Biden's goal of ending greenhouse gas emissions from the U.S. power industry by 2035.

Companies featured: First Solar Incorporated (NASDAQ:FSLR), NextEra Energy Incorporated (NYSE:NEE), Duke Energy Corporation (NYSE:DUK), NiSource Incorporated (NYSE:NI)

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