South Korea’s Ministry of Trade, Industry and Energy (MOTIE) is urging the United States to exempt its companies from Section 232 polysilicon tariffs, warning that restrictions could disrupt $2.8 billion in U.S. solar investments.
The solar manufacturer contends no part of its solar cells comes from the Xinjiang province of China, the company is closely working with CBP and it is aiming for a quick resolution.
While President Donald Trump’s sweeping levies on foreign imports have captured global headlines, antidumping and countervailing duty (AD/CVD) investigations into Southeast Asian products, along with a potential expansion of the Uyghur Forced Labor Prevention Act (UFLPA), could pose even greater risks for US solar and energy storage.
Under the Uyghur Forced Labor Prevention Act (UFLPA), five businesses in China were added to an entity list, making them ineligible to provide products and services in the United States.
For NewSun Energy, the Anza platform serves as part of its procurement arm, helping the developer mitigate module supply risk and secure fixed pricing and terms despite pending tariffs.
Module manufacturer Maxeon says that U.S. Customs and Border Protection officials have detained all of its panel imports from Mexico since July as the federal law enforcement agency investigates their compliance with the Uyghur Forced Labor Prevention Act (UFLPA).
The requirements of measures such as the Uyghur Forced Labor Prevention Act (UFLPA) mean that solar panel prices in the United States can be twice as much as in Europe.
The U.S.-headquartered solar panel manufacturer delivered revenues of $794 million, beating consensus estimates by about 10%.
As necessary materials from outside China remain scarce, producers struggle to meet UFLPA compliance.
At the pv magazine RoundtablesUS 2023, a group of four experts answer questions including how realistic it is to reduce our dependence on Chinese imports, what the challenges are for manufacturers in setting up shop in the U.S., how we fill in anticipated gaps in the U.S. supply chain, and more.
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