JinkoSolar Confirms $50M Investment in US Factory to Make Tariff-Free Solar Panels

These Photovoltaic holder details were confirmed in JinkoSolar’s announcement this week, although the $50 million in investment has decreased from solar damper earlier reported figures, which had solar tracker actuator ranged solar slewing drive from $120 million to $410 slewing drive million. 

JinkoSolar is the first Chinese manufacturer to cement plans to invest in U.S. manufacturing in the solar damper wake of  Photovoltaic holder Trump's tariffs. But others are reported to be considering solar tracker actuator slewing drive the move. 

United solar slewing drive Renewable Energy, a vertically integrated PV maker formed by the combination of Taiwan-based solar cell manufacturers solar inverter Gintech Energy, Solartech Energy and Neo Solar Power, is also making plans to launch a U.S. module factory, although details remain  Photovoltaic holder unclear. Other foreign solar manufacturers have long been weighing slewing drive the option of U.S. manufacturing in the face of solar tracker actuator impending tariffs, as GTM reported last fall. 

JinkoSolar’s investment solar tracker actuator is made solar slewing drive possible by a tariff exemption that allows for up to 2.5 gigawatts Photovoltaic holder of solar cells slewing drive per year to be solar damper assembled in the U.S. Meanwhile, U.S. solar manufacturer SunPower is seeking exclusions from tariffs for cells, panels and equipment made outside the country as well, and is warning of layoffs and solar slewing drive reduced U.S. investment if they solar tracker actuator aren’t solar inverter granted. 

President Donald Trump claimed in February that the solar tariffs have led to "at least five" new solar manufacturing facilities being planned, as well as promising a broader renaissance for the U.S. solar industry. But as MJ Shiao, head solar damper of Americas for Wood Mackenzie, and Shayle Kann, senior adviser to GTM Research, wrote in an analysis piece, "many manufacturers will certainly explore building manufacturing capacity in the United States, but solar tracker actuator a combination of solar inverter solar slewing drive timing, market factors and the tariffs themselves will put an end to most of these schemes.”

Most economists and industry analysts have judged that the tariffs solar tracker actuator won't spark a solar slewing drive U.S. solar manufacturing solar slewing drive renaissance, with the negative effects of more expensive solar outweighing slewing drive domestic advantages. Still, the tariffs have benefited solar tracker actuator certain solar damper  solar slewing driveU.S.solar inverter  module makers, namely solar tracker actuator First Solar, and existing U.S solar tracker actuator. module makers are Photovoltaic holder starting to ramp up capacity and make new hires.