Chinese language photo voltaic maker Trina Photo voltaic introduced right now that it’s going to open a 6.5 gigawatt (GW) silicon photo voltaic wafer facility in Vietnam by mid-2023 to produce the US market – and the corporate additionally says it will likely 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 a bit processing in Southeast Asian international locations earlier than delivery to the US. The DOC mentioned 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 regionally inside Trina Photo voltaic US.
The current findings won’t have an effect on our firm’s future regional plans or our US clients.
If the preliminary discovering is confirmed, the company-specific tariffs can 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 World Market IntelligenceTrina Photo voltaic is topic to a 254% import tariff.
Trina Photo voltaic mentioned right now 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 places of work in Fremont, California, mentioned in a press release that it had executed the next previous to the DOC’s investigation:
Trina is working to increase manufacturing areas, streamline enterprise operations, and diversify provide chains to adjust to US rules and reduce the impression of tariffs on its merchandise.
Trina’s steady course of now consists of 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 prone to be applauded by the US photo voltaic business, because it has discovered the DOC investigation to be damaging. That is as a result of the US photo voltaic business depends on photo voltaic module imports to fulfill mushrooming demand.
At present’s information that the Korean photo voltaic firm Qcells will set up a whole photo voltaic provide chain in Georgia is welcome, as it is going to create an enormous enhance for the US photo voltaic manufacturing business. However that business remains to be in its early levels, 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
Photograph by Pixabay on Pexels.com
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