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Published by: dailynews
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Chinese Solar Supplier Trina Plans $200 Million US Factory

Published by: dailynews
Published on:

Trina Solar Co. is planning a $200 million manufacturing facility in Texas, weeks after the US said the Chinese panel supplier was bypassing tariffs.

The site will be able to make about 5 gigawatts of panels a year using polysilicon sourced in the US and Europe, according to a statement on Monday. Production is expected to begin in 2024.

President Joe Biden’s sweeping climate law, dubbed the Inflation Reduction Act, is spurring a boom in domestic solar manufacturing and luring international companies to establish facilities in the US to qualify for incentives. Trina’s announcement also comes as the Commerce Department steps up efforts to enforce trade policies on imported solar panels. Trina was one of five firms that were singled out last month for circumventing tariffs.

Read the full story on Bloomberg here.