GCL Technology Holdings, a global leader in polysilicon, said it is looking to expand its operations outside China, but the United States doesn’t appear to be a viable location, reports Bloomberg.
A Reuters report shared that Chinese-made solar panels detained by U.S. Customs for months have begun to enter the market.
pv magazine USA’s recap of notable upstream solar, integrated solar, finance and rooftop installers that reported fourth quarter or fiscal year earnings over the last week.
The deal expands upon the master supply agreement between the two solar businesses that includes a 4 GW transaction announced in April 2022 and, more recently, a 700 MW commitment announced in October 2022.
The solar module buying journey is anything but predictable.
U.S. Solar Market Insight Q4 2022 forecasts a 23% decline in solar installations.
The preliminary finding that solar companies are circumventing U.S. tariffs is not expected to have a tangible effect on solar component supply, according to TrendForce.
Industry checks show that a meaningful supply of JinkoSolar modules made with Wacker polysilicon have been cleared for the U.S. market, said Philip Shen, managing director of ROTH Capital Partners.
Panel shipments collectively worth hundreds of millions of dollars are blocked from entering the U.S. market as they have failed scrutiny under the Uyghur Forced Labor Prevention Act, said Reuters.
Clean Energy Associates expects manufacturing capacity to exceed installations next year.
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