Reported about 1 year ago
Chinese solar company Trina Solar is considering establishing a factory in the US to produce solar cells for panels, aiming to avoid trade barriers as the US increases import restrictions. The company is evaluating a facility that could produce 5 gigawatts of cells annually to supply its Texas manufacturing plant and create 1,500 local jobs by the end of 2024. Trina intends to scale up US capacity in response to Washington's emphasis on local production, with a final decision expected by the end of the year for the new factory to be operational by 2025 or 2026. Chinese companies like Trina are enhancing US presence due to declining profits at home and US incentives for domestic clean energy manufacturing, despite historical tariffs on Chinese solar equipment.
Source: YAHOO