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Market Chatter: First Solar Among Manufacturers to Get Protection from New Round of Solar Panel Tariffs
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Market Chatter: First Solar Among Manufacturers to Get Protection from New Round of Solar Panel Tariffs
Nov 29, 2024 5:57 AM

08:35 AM EST, 11/29/2024 (MT Newswires) -- First Solar ( FSLR ) and other US solar panel manufacturers could get additional protection from foreign rivals as US trade officials are expected to announce on Friday a new round of tariffs on solar panel imports from four Southeast Asian nations, Reuters reported.

First Solar ( FSLR ) and Korea's Hanwha Qcells were among a group of companies that filed a petition earlier this year asking the Biden administration to impose tariffs on panels coming from Malaysia, Cambodia, Vietnam and Thailand to protect investments in US solar manufacturing, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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