First Solar CEO says tariff exemptions threaten U.S. efforts to ramp up domestic solar manufacturing
Publishing timestamp: 2024-03-05 16:54:13
Summary
First Solar CEO Mark Widmar expressed concerns about tariff exemptions on solar components jeopardizing efforts to build a domestic manufacturing base for the solar industry in the U.S. Widmar highlighted the flood of foreign solar components threatening domestic manufacturing and the exploitation of tax provisions by Chinese companies. Despite being insulated from current market dynamics, First Solar is focused on utility-scale projects and is preparing for increased electricity demand growth driven by various factors.
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Keywords: first solar inc, guggenheim solar etf, energy, markets, business news, climate, breaking news: markets, solar power,