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Benzinga
Benzinga
Business
Namrata Sen

First Solar, Other US Solar Firms Urge Trump Administration To Impose Tariffs On Solar Cell Imports From Indonesia, India, Laos

Tempe,,Arizona,-,First,Solar,Inc.,Headquarters,Building,,Specializes,In

A group of U.S. solar panel manufacturers has called on the Commerce Department to impose tariffs on imports from Indonesia, India, and Laos. The manufacturers allege that these countries are saturating the market with low-cost goods.

What Happened: The group, known as the Alliance for American Solar Manufacturing and Trade, which includes First Solar (NASDAQ:FSLR), Qcells, the solar division of Hanwha from Korea, Talon PV and Mission Solar, accuses these countries of selling solar cells below production cost in the U.S. market.

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