Article Republished By Javier Troconis
NEW YORK – The solar energy industry has been thrown into a panic and projects are grinding to a halt after the Biden administration launched an investigation that some solar CEOs worry could tank the industry.
The Commerce Department launched the probe in March into whether four countries in Southeast Asia that supply about 80 percent of US solar panels and parts — Cambodia, Malaysia, Thailand and Vietnam — are using components from China that should be subject to US tariffs.
A survey in late April by the Solar Energy Industries Association, a non-profit trade association, found 318 solar projects in the US had already been delayed or canceled, and several CEOs told CNN they expect more to follow. Industry leaders fear the probe could also have a devastating impact on the solar workforce.
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