US solar company Suniva to restart idled factory thanks to Biden climate law

  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 63%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Explore stories from Atlantic Canada.

A Local Culinary Adventure: inspired by Halifax's Seaport Market | SaltWire #cooking #cookingtips - Suniva, the U.S. solar manufacturer that successfully fought for tariffs on cheap panels made overseas, will restart its Georgia cell factory next year thanks to incentives in President Joe Biden's landmark climate law, the company's president said in an interview.

The news is a long-awaited milestone for a manufacturer that six years ago filed for bankruptcy and sought trade remedies as a cure for its inability to compete with low-priced imports, primarily from China. Card said Suniva is in"advanced negotiations" with several potential customers and expects to have most of its supply contracted before the factory opens next year.

The tariffs imposed by the Trump administration in 2018 in response to Suniva's petition are opposed by solar project developers who argue they have slowed the growth of an industry critical to meeting the nation's climate goals and have failed to adequately support domestic producers. The tariffs were extended but eased somewhat by Biden last year.But he credits subsidies contained in the IRA for finally enabling Suniva to produce solar cells again.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 45. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines