China Solar Giant Says U.S. Detainments Create Major Disruption
- Longi chairman says nearly all shipments detained by Customs
- Company sees Europe demand helping to offset U.S. problems
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The world’s largest solar manufacturer said exports to American customers have faced significant disruptions as nearly all shipments are detained at the U.S. border.
Most of Longi Green Energy Technology Co.’s shipments to the U.S. in the first quarter were detained, creating long delays and posing great challenges, Chairman Zhong Baoshen said in an earnings call Wednesday.