For years, the U.S. erected higher and higher barriers to the import of Chinese solar panels, arguing that was the best way to protect domestic suppliers. The rush of Chinese interest is a mixed blessing for the U.S., which is struggling to build a domestic solar supply chain largely from scratch. The Inflation Reduction Act is successfully building up a U.S. solar supply chain and reversing the trend of China controlling production, says a Biden administration official. Trina, like other Chinese solar giants here, is working to show it has good intentions. The U.S. market needs Chinese solar manufacturers for their technological know-how, ability to bring suppliers from China, capital and appetite for investment, Zhu says.

Source: Wall Street Journal February 06, 2024 07:30 UTC