Top

Trump Helps More Than Double US Solar Capacity With Duties

May 31, 2018

President Donald Trump wanted more U.S. solar manufacturing — and now he’s getting it.

Hanwha Q Cells Korea on Wednesday said it will build a factory in Georgia. JinkoSolar Holding Co. of China is planning one in Florida. And U.S. companies SunPower Corp. and First Solar Inc. say they’ll boost production in Oregon and Ohio.

The expansion underscores how immediate the reaction has been to the tariffs Trump imposed on imported panels in January to spur domestic manufacturing. The duties could increase production capacity in the U.S. by at least 3.4 gigawatts, compared with 1.8 gigawatts at the end of last year, and would add to even more capacity already planned, based on Bloomberg New Energy Finance data.

Read More on Industry Week