November 15, 2021
General News

U.S. Bans Chinese Imports of Solar Panel Materials Tied to Forced Labor

The import ban focuses on one company and not all polysilicon products from Xinjiang, but it could roil the market for solar panels in the United States. Hoshine and its subsidiaries supply at least some metallurgical-grade silicon to the world’s eight largest polysilicon producers, which together account for 90 percent of the global market, according to Johannes Bernreuter, a polysilicon market analyst at Bernreuter Research.

Some U.S. solar companies have begun tracking and reshuffling their supply chains in anticipation of the administration’s move, but they may need to take additional steps to prove to customs officials that any imported panels do not contain material from Hoshine.

And some analysts said the move on Thursday could be a prelude to further restrictions. “In our view, today’s action may only be the first step toward broader limits” on solar products from…

Read full article here: www.nytimes.com