China Solar Companies Qualify For Benefits Under Inflation Reduction Act

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China companies like JA Solar are investing in the US because of the Inflation Reduction Act. But some say that it will give China increasing influence over state governments, and Washington. Should China companies get tax-payer funded breaks?

The product was held out of suspicion that Jinko used banned materials from Hoshine.

Customs did not answer whether the Jinko product was returned to sender or released into the market . They only said that, “CBP is unable to disclose this information due to government requirements to protect law enforcement sensitive and business confidential information.” The Uyghur Forced Labor law mandates that the government maintain a list of mainland China solar supply chain players. That list has around two dozen companies on it but has not been updated since June, Nova told the Senate.that Republicans were going after China solar because they wanted more oil and gas. But from what I can tell, that is not the case at all. While isolating China from IRA benefits will be tough if they are manufacturing here, there is an uneasiness across the aisle.

This deal will deepen U.S. reliance on China for battery tech and is likely designed to make the Michigan factory eligible for IRA tax credits, Sen. Marco Rubio said on Feb. 14.to U.S. Secretary of the Treasury Janet Yellen, U.S. Secretary of Energy Jennifer Granholm, and U.S. Secretary of Transportation Pete Buttigieg calling for an immediate Committee on Foreign Investment in the United States review of the Ford deal. It is unclear if this review has begun.

 

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Lol, you think you're gonna fool china with that? hahaha

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