* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Thursday, October 23, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Reba McEntire Details Personal Relationship With Late Stepson Brandon Blackstock – KNDU

    Reba McEntire Shares Emotional Tribute to Her Late Stepson Brandon Blackstock

    Sacramento city leaders approve adding 2 entertainment zones in midtown – CBS News

    Sacramento City Leaders Approve Two Thrilling New Entertainment Zones in Midtown

    AMC brings first new Dolby Experience to Gwinnett since 2017 – Wyoming News Now

    AMC Launches First New Dolby Experience in Gwinnett Since 2017

    Hetzel Design: blending architecture and entertainment – Blooloop

    Hetzel Design: Where Architecture and Entertainment Unite in Perfect Harmony

    Country music legend rushed to hospital year after heart surgery. Here’s what we know – PennLive.com

    Country Music Legend Rushed to Hospital One Year After Heart Surgery – What’s Happening Now?

    Strictly Come Dancing results: Chris Robshaw is eliminated while drag queen La Voix escapes dance-off – Yahoo

    Strictly Come Dancing results: Chris Robshaw is eliminated while drag queen La Voix escapes dance-off – Yahoo

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Next steps: Technology opens new options for greater mobility – Missouri Independent

    Next Steps: How Technology is Opening Exciting New Doors to Greater Mobility

    Rydberg Technologies Inc. Announces Launch of Rydberg Photonics in Berlin – The Quantum Insider

    Rydberg Technologies Launches Exciting New Photonics Division in Berlin

    A look into new technology at Columbia University that could help prevent a dangerous pregnancy complication – ABC7 New York

    A look into new technology at Columbia University that could help prevent a dangerous pregnancy complication – ABC7 New York

    Office Technology: Dealers’ Managed IT Revenue up Nearly 30% – The Cannata Report –

    Office Technology: Dealers’ Managed IT Revenue up Nearly 30% – The Cannata Report –

    3 E Network Technology Group Limited Closes $1.5 Million Convertible Promissory Note Offering – Quiver Quantitative

    3 E Network Technology Group Limited Closes $1.5 Million Convertible Promissory Note Offering – Quiver Quantitative

    3 Technology Stocks to Buy Now – Yahoo Finance

    3 Must-Buy Tech Stocks You Can’t Afford to Miss Right Now

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Reba McEntire Details Personal Relationship With Late Stepson Brandon Blackstock – KNDU

    Reba McEntire Shares Emotional Tribute to Her Late Stepson Brandon Blackstock

    Sacramento city leaders approve adding 2 entertainment zones in midtown – CBS News

    Sacramento City Leaders Approve Two Thrilling New Entertainment Zones in Midtown

    AMC brings first new Dolby Experience to Gwinnett since 2017 – Wyoming News Now

    AMC Launches First New Dolby Experience in Gwinnett Since 2017

    Hetzel Design: blending architecture and entertainment – Blooloop

    Hetzel Design: Where Architecture and Entertainment Unite in Perfect Harmony

    Country music legend rushed to hospital year after heart surgery. Here’s what we know – PennLive.com

    Country Music Legend Rushed to Hospital One Year After Heart Surgery – What’s Happening Now?

    Strictly Come Dancing results: Chris Robshaw is eliminated while drag queen La Voix escapes dance-off – Yahoo

    Strictly Come Dancing results: Chris Robshaw is eliminated while drag queen La Voix escapes dance-off – Yahoo

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Next steps: Technology opens new options for greater mobility – Missouri Independent

    Next Steps: How Technology is Opening Exciting New Doors to Greater Mobility

    Rydberg Technologies Inc. Announces Launch of Rydberg Photonics in Berlin – The Quantum Insider

    Rydberg Technologies Launches Exciting New Photonics Division in Berlin

    A look into new technology at Columbia University that could help prevent a dangerous pregnancy complication – ABC7 New York

    A look into new technology at Columbia University that could help prevent a dangerous pregnancy complication – ABC7 New York

    Office Technology: Dealers’ Managed IT Revenue up Nearly 30% – The Cannata Report –

    Office Technology: Dealers’ Managed IT Revenue up Nearly 30% – The Cannata Report –

    3 E Network Technology Group Limited Closes $1.5 Million Convertible Promissory Note Offering – Quiver Quantitative

    3 E Network Technology Group Limited Closes $1.5 Million Convertible Promissory Note Offering – Quiver Quantitative

    3 Technology Stocks to Buy Now – Yahoo Finance

    3 Must-Buy Tech Stocks You Can’t Afford to Miss Right Now

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home News

“We cannot line China’s pockets with US taxpayer dollars” – First Solar CEO says IRA needs trade defence to succeed

March 14, 2024
in News
“We cannot line China’s pockets with US taxpayer dollars” – First Solar CEO says IRA needs trade defence to succeed
Share on FacebookShare on Twitter

“It is the anticipated durability and scale of the IRA that has the potential to truly deliver the re-shoring of a resilient US solar supply chain,” he said. “More simply stated: the US tax code has the power to incentivise domestic investment in significantly growing this industry, but the ability of those investments to endure is enabled by a corresponding trade policy.”

Given the dominance of Chinese companies in the global solar manufacturing space and the overwhelming concentration of silicon-based solar supply in China – made possible by what Widmar called “an opaque system of subsidies” – the US needs to support domestic producers, he said.

Widmar said that there are currently “no restrictions in place” preventing Chinese solar manufacturers – or what he called “companies controlled by, owned by, or subject to the jurisdiction of the Chinese government” – from benefitting from US tax breaks under the IRA.

“We cannot line China’s pockets with US taxpayer dollars,” he said, warning that it was “not unrealistic” that Chinese manufacturers’ announced facilities would “disappear once the 45X tax credits expire and American taxpayer dollars are extracted”.

A number of major solar manufacturers have announced capacity expansion plans in the US, notably Canadian Solar, JA Solar and Korean-owned Hanwha Qcells.

Not yet “proper trade enforcement”

The US has trade restrictions in place on China already – most notably the Uyghur Forced Labor Prevention Act (UFLPA) and the anti-dumping/countervailing duty (AD/CVD) tariffs.

The latter is due to come into force this summer after President Biden introduced a waiver of two years to give the domestic solar industry a “bridge” to shield itself from the tidal waves of predicted disruption the tariffs would induce. The tariffs themselves refer to the circumvention of US trade law by a number of Chinese-owned solar manufacturers, five of which were found guilty of relocating portions of their operations to Southeast Asia for “minor processing”.

The AD/CVD case was brought to the US Department of Commerce by Auxin Solar, a small California-based solar manufacturer. Members of the US solar industry have previously expressed criticism of the case and questioned Auxin’s motives and backers.

The UFLPA, for its part, has proved a more effective instrument and resulted in around 2GW of modules held at US customs in 2022 awaiting proof that their supply chains are free from exposure to forced labour. But even the efficacy of the UFLPA was called into question in a February report from polysilicon market analyst Bernreuter Research, which claimed that shipments of polysilicon from China to Southeast Asia (where the majority of modules that end up in the US are made) increased 700% from 2022 to 2023. This “Should sound alarm bells” at US Customs, the organisation’s founder said.

Referring to the AD/CVD tariffs at the Senate Finance Committee hearing, Widmar was disparaging. He said: “As things stand, we are at risk of adding Ohio, Texas, Arizona, and other US states to the list of locations that host China’s overseas final assembly facilities.

“Congress must ensure that the US does not become a de facto extension of China’s Belt and Road initiative, serving as a mere assembly outpost for China’s state-subsidised solar manufacturing industry, while paying for the privilege with US taxpayer dollars.”

First Solar itself is isolated from the silicon supply chain that dominates the solar industry by virtue of its CdTe technology. It is also the largest module producer in the US and has plans to expand its capacity significantly throughout this decade. Widmar said: “We invite competition, and we invite free trade; all we ask is that this competition and trade are practised on a level playing field.”

Domestic content and Section 45X

Not all of Widmar’s testimony was downbeat. He reserved particular praise for the IRA’s domestic content adder and Section 45X manufacturing credit, which he said could “drive the policy punch that has the power to reshore manufacturing”.

The domestic content adder is yet to be entirely clarified, but in order to receive its 10% tax credit a solar module would need to be produced with a minimum 40% of US-made content, calculated on a cost basis. This figure will rise to 55% in 2026.

The complication for solar manufacturers, as explained to PV Tech Premium by the CEO of Canadian manufacturer Heliene, is that the majority of the cost of a solar module comes from the cell. Widmar himself acknowledged in the Senate hearing that “not even one of the crystalline silicon panels installed [in 2023] was assembled with American-made solar cells”.

PV Tech published a guest piece by Clean Energy Associates (CEA) exploring the disparities in US solar capacity announcements between modules and further-upstream components.

However, if manufacturers could overcome this price obstacle, Widmar said that the domestic content adder could create a “durable market pull for solar produced via high-value domestic manufacturing”.

The Section 45X credit provides operational expenditure (OPEX) for solar manufacturing across much of the value chain, which Widmar said would allow US manufacturers to scale their operations effectively: “For solar manufacturing, the more watts produced, the greater the overall tax credit. As designed, the law encourages competitiveness at scale.”

It is arguable that First Solar is the company best-placed to benefit from both of these laws; its CdTe manufacturing does not rely on silicon solar cells, and its costs are easily covered by currently ill-defined “US-Made” components, and it has the largest manufacturing footprint in the US, making it best poised to benefit from Section 45X financing. Indeed, First Solar conducted what it called the ‘first’ transaction under Section 45X a few days after the Treasury released guidance for the law.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : PV Tech – https://www.pv-tech.org/first-solar-ceo-says-ira-needs-trade-defence-to-succeed/

Tags: “Wecannotnews
Previous Post

Tata Power commissions India’s ‘largest’ 100MW solar-plus-storage project

Next Post

Longroad closes financing on 220MW solar-plus-storage project in Arizona

Vibrio pectenicida strain FHCF-3 is a causative agent of sea star wasting disease – Nature

Vibrio pectenicida strain FHCF-3 is a causative agent of sea star wasting disease – Nature

October 23, 2025
Condensation defying gravity – European Space Agency

Condensation defying gravity – European Space Agency

October 23, 2025
Guest educators bring fun environmental science to Kent middle school – MyEasternShoreMD

Guest Educators Ignite Passion for Environmental Science at Kent Middle School

October 23, 2025
Equity Lifestyle Properties, Inc. Profit Rises In Q3, Beats Estimates – Nasdaq

Equity Lifestyle Properties Delivers Impressive Q3 Profit, Exceeding All Expectations

October 23, 2025
Next steps: Technology opens new options for greater mobility – Missouri Independent

Next Steps: How Technology is Opening Exciting New Doors to Greater Mobility

October 23, 2025
American Football Betting Market Report 2025, with Profiles of ESPN, Caesers Entertainment, Entain, Fanatics Sports Betting, Betfred and Other Major and Innovative Companies – Yahoo Finance

American Football Betting Market Report 2025, with Profiles of ESPN, Caesers Entertainment, Entain, Fanatics Sports Betting, Betfred and Other Major and Innovative Companies – Yahoo Finance

October 23, 2025
UIPM 2025 Obstacle World Championships (OCR): All you need to know – Union Internationale de Pentathlon Moderne (UIPM)

Your Ultimate Guide to the 2025 Obstacle World Championships

October 23, 2025
PPPs in Bolivia: The future of our economy? – Dentons

Could PPPs Unlock Bolivia’s Path to Economic Prosperity?

October 23, 2025
Reba McEntire Details Personal Relationship With Late Stepson Brandon Blackstock – KNDU

Reba McEntire Shares Emotional Tribute to Her Late Stepson Brandon Blackstock

October 23, 2025
Mark Peterson receives inaugural APSA Career Achievement Award in Health Politics and Policy – UCLA

Mark Peterson receives inaugural APSA Career Achievement Award in Health Politics and Policy – UCLA

October 23, 2025

Categories

Archives

October 2025
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031  
« Sep    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (882)
  • Economy (903)
  • Entertainment (21,774)
  • General (17,757)
  • Health (9,944)
  • Lifestyle (916)
  • News (22,149)
  • People (904)
  • Politics (913)
  • Science (16,114)
  • Sports (21,403)
  • Technology (15,883)
  • World (886)

Recent News

Vibrio pectenicida strain FHCF-3 is a causative agent of sea star wasting disease – Nature

Vibrio pectenicida strain FHCF-3 is a causative agent of sea star wasting disease – Nature

October 23, 2025
Condensation defying gravity – European Space Agency

Condensation defying gravity – European Space Agency

October 23, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version