US Senators Move to Deny China Solar Firms Lucrative Tax Credits

Companies with ties to China and other foreign adversaries would be barred from getting a tax credit meant to bolster domestic energy manufacturing under legislation advanced Wednesday by Democratic Senator Sherrod Brown.

The measure gives Brown an opportunity to burnish his pro-manufacturing bonafides during a tough reelection contest in Ohio, amid growing scrutiny of Chinese companies building vehicle battery and solar panel factories across the US. Although the legislation is unlikely to swiftly reach a Senate floor vote, a similar proposal could be taken up by the House in September.