Global Organization
Chinese solar companies are capable of mitigating risks while maintaining their competitive edge in the international market amid an ongoing trade dispute, as they have been stepping up efforts to diversify their global operations in recent years, experts and business insiders said.
According to Liu Yiyang, deputy secretary-general of the China Photovoltaic Industry Association, the diversified development of China's photovoltaic industry in the global industrial chain can help domestic solar companies better effectively cope with risks.
Longi Green Energy Technology Co. solar panels on the roof of an office building in Xi'an, China, pictured in March 2023. The European Union has launched investigations into two groups of companies that include Chinese solar panel makers in the latest salvo against what it suspects is unfair competition from China’s vast manufacturing sector.
Beneficiaries include Chinese-backed projects, such as: Trina Solar’s 5GW plant in Wilmer, Texas; Illuminate Solar’s 5GW plant in Pataskala, Ohio; and Jinko Solar’s expansion of its Jacksonville, Florida, facility to 1GW. The companies declined or did not respond to requests for comment.
But the growth prospects for Chinese solar in the US are suddenly looking dimmer. Donald Trump’s return to the White House in January looks set to bring a crackdown on inward investment from Beijing and a bipartisan political push to exclude Chinese-owned plants from generous clean energy subsidies.
In response to western protectionism, China’s solar industry, which has weathered several rounds of tariffs from Europe and the US over the past 15 years, is increasingly expanding its manufacturing footprint closer to offshore customers, including in the US.
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6 · Beneficiaries include Chinese-backed projects, such as: Trina Solar''s 5GW plant in Wilmer, Texas; Illuminate Solar''s 5GW plant in Pataskala, Ohio; and Jinko Solar''s expansion …
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Chinese solar companies are capable of mitigating risks while maintaining their competitive edge in the international market amid an ongoing trade dispute, as they have been …
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Chinese solar companies are capable of mitigating risks while maintaining their competitive edge in the international market amid an ongoing trade dispute, as they have been stepping up efforts to ...
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