US Crackdown on Chinese Solar Means Sales Recovery Ruled Out
- US solar power equipment imports fell 16% through May
- Key China producers have had goods detained under new law
This article is for subscribers only.
Giant solar producers in China are ruling out any recovery in panel exports to the US as a recently enacted law targeting forced labor has stalled negotiations between US project developers and some foreign manufacturers.
China-based module producers, the world’s largest, expect no significant lift in shipments to the US in the third quarter and a high risk to fourth quarter shipments, according to Daiwa Capital Markets analyst Dennis Ip, who cited conversations with company officials.