Chinese solar manufacturers are moving production to Indonesia and Laos to bypass U.S. tariffs.

Chinese solar manufacturers are relocating production to Indonesia and Laos to circumvent U.S. tariffs imposed on exports from Vietnam and other Southeast Asian nations. This strategy allows them to maintain a strong market presence, as the new plants could supply about half of the solar panels installed in the U.S. last year. Despite over a decade of tariffs, Chinese companies continue to dominate the solar market globally, leveraging their technological advantages.

November 03, 2024
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