US imposes duties on solar panels from Southeast Asia

Quick Summary:

THE US Commerce Department set preliminary duties on solar imports from Southeast Asia, after an initial finding the equipment is benefiting from illegal government aid.

Companies pursuing the latest claims as part of the American Alliance for Solar Manufacturing Trade Committee include First Solar Inc., Hanwha Qcells USA Inc., and Mission Solar Energy LLC.

The determination marks an early victory for domestic panel makers who say cheap imports are harming their operations and threatening investments meant to cultivate a US solar supply chain.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaCambodiaChinaThailandVietnam

Topics: Energy US Duty Climate Solar panel Tariff Manufacturing /Business/Business News

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-02 @ 08:43:00 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 730 words

Reading Time: 5 minutes read

Sentences: 27 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 22843940

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 55 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 1 hours ago

Coverage Areas: Malaysia

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