Chinese language photo voltaic maker Trina Photo voltaic introduced at present that it’s going to open a 6.5 gigawatt (GW) silicon photo voltaic wafer facility in Vietnam by mid-2023 to provide the US market – and the corporate additionally says will probably be adopted by commerce.
Chinese language photo voltaic maker turns into US trade-compliant
In December, a preliminary discovering from a US Commerce Division investigation discovered that 4 Chinese language corporations – Trina Photo voltaic, BYD Hong Kong, Canadian Photo voltaic, and Vina Photo voltaic – tried to bypass the duties. within the US by doing just a little processing in Southeast Asian international locations earlier than delivery to the USA. The DOC stated that the “third nation” of Trina Photo voltaic the place it conducts minor processing is Thailand.
The corporate issued the next response:
Our gross sales, operations, finance, and administration groups all reside domestically inside Trina Photo voltaic US.
The latest findings is not going to have an effect on our firm’s future regional plans or our US prospects.
If the preliminary discovering is confirmed, the company-specific tariffs shall be utilized in June 2024 when the two-year tariff waiver granted by President Joe Biden in June 2022 expires. In line with a DOC official in December by S&P International Market IntelligenceTrina Photo voltaic is topic to a 254% import tariff.
Trina Photo voltaic stated at present that the “Southeast Asia cell and module manufacturing facility will use the wafer capability from the Vietnam facility in order that Trina can meet the necessities of the US market and obtain an exemption from the circumvention.”
Trina, which has workplaces in Fremont, California, stated in a press release that it had achieved the next previous to the DOC’s investigation:
Trina is working to broaden manufacturing places, streamline enterprise operations, and diversify provide chains to adjust to US laws and decrease the influence of tariffs on its merchandise.
Trina’s steady course of now contains polysilicon imported from China and manufacturing modules and cells in Southeast Asia. The wafer facility is an additional step in Trina’s provide chain diversification.
Acquisition of Electrek
Trina’s information is more likely to be applauded by the US photo voltaic trade, because it finds the DOC investigation damaging. That is as a result of the US photo voltaic trade depends on photo voltaic module imports to fulfill mushrooming demand.
Immediately’s information that Korean photo voltaic firm Qcells will construct a whole photo voltaic provide chain in Georgia is welcome, as it’s going to create an enormous increase for the US photo voltaic manufacturing trade. However that trade continues to be in its early phases, and even Qcells’ large funding in Georgia is not sufficient to fulfill fast-growing US demand.
Learn extra: The primary full photo voltaic provide chain within the US is coming
Picture by Pixabay on Pexels.com
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