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Top related persons:
Hanwha Qcells - 1 Nathan Frandino - 1 Joe Biden’s - 1 ” - 1 Edurne Zoco - 1 Wood Mackenzie - 1 Mike Carr - 1 ” Carr - 1
Top related locs:
China United States Moses Lake Southeast Asia South Korean Norway Eureka Grove Granite Bay , California
Top related orgs:
REC - 1 South - 1 REUTERS - 1 P - 1 U.S . International Trade Commission - 1 Companies - 1 Energy - 1 Solar Energy Manufacturers - 1

Search resuls for: "Hanwha Qcells"


4 mentions found


☆ Key Solar Panel Ingredient Is Made in the U.S.A. Again
  + stars: | 2024-04-25 | by ( Ivan Penn | ) www.nytimes.com   time to read: +1 min
A factory in Moses Lake, Wash., that shut down in 2019 will soon resume shipping a critical ingredient used in most solar panels that for years has been made almost exclusively in China. REC Silicon reopened the factory, which makes polysilicon, the building block for the large majority of solar panels, in November in partnership with Hanwha Qcells, a South Korean company that is investing billions of dollars in U.S. solar panel production. As part of the deal, Hanwha this month said it has become the largest shareholder in REC Silicon, which is based in Norway. Executives at the companies say they reopened the factory in part because of incentives for domestic manufacturing in the Inflation Reduction Act, President Biden’s signature climate law. They expressed hope that their decision would also encourage other companies to revive production of a technology that was created in the United States about 70 years ago.
Persons: Hanwha Qcells Organizations: REC, South Locations: Moses Lake, China, Southeast Asia, South Korean, Norway, United States
☆ Insight: US solar panel manufacturing boom threatened by cheap imports
  + stars: | 2023-11-03 | by ( Nichola Groom | ) www.reuters.com   time to read: +7 min
[1/5] Solar panels from SunPower are installed on residential buildings at a model home display in the Eureka Grove neighborhood of Granite Bay, California, U.S., October 5, 2021. But global solar panel prices have collapsed due to a wave of new Asian production capacity in recent months, leading many in the U.S. solar industry to worry many of these proposed factories may be uneconomical. U.S. officials have repeatedly warned that over-reliance on Chinese clean energy technology could pose a security risk similar to Europe's historical dependence on Russian natural gas. A White House spokesperson did not respond to questions about recent market challenges facing domestic solar manufacturers, but said Biden's policies had generated a huge wave of investment and were revitalizing American manufacturing. Mike Carr, executive director of the Solar Energy Manufacturers for America trade group, said factories could be delayed, extending U.S. dependence on China.
Persons: Nathan Frandino, Joe Biden’s, ”, Edurne Zoco, Wood Mackenzie, Mike Carr, ” Carr, Brian Lynch, Jekyll, Hyde, Lynch, Danny O'Brien, Meyer Burger, Hari Achuthan, Richard Valdmanis, David Gregorio Our Organizations: REUTERS, P, U.S . International Trade Commission, Companies, Reuters, Energy, Solar Energy Manufacturers, America, Insights, U.S . Commerce Department, Solar Energy Industries Association, Convalt Energy, Treasury Department, Commerce Department, Thomson Locations: Eureka Grove, Granite Bay , California, U.S, Europe, China, United States, Malaysia, Thailand, Cambodia, Vietnam, India, Mexico, Hanwha, Colorado, Asia, New York, Maine
☆ The IRA isn’t good for just U.S. stocks. Here are some emerging markets names that will benefit too
  + stars: | 2023-04-23 | by ( Sarah Min | ) www.cnbc.com   time to read: +4 min
The Inflation Reduction Act does more than buoy U.S. clean energy stocks – it's also an opportunity for emerging markets firms. But the IRA also represents an opportunity for emerging markets firms. "This is a win, win, win," said Paul Desoisa, co-portfolio manager of the Global Emerging Markets strategy at Martin Currie, a specialist investment manager at Franklin Templeton. Here are some places where emerging markets firms stand to benefit. Some possible contenders include Korea's Hanwha Solutions, a multinational with a solar energy business Hanwha Qcells, abrdn's Khwaja said.
☆ Biden's clean energy factory jobs may elude U.S. union workers
  + stars: | 2023-03-06 | by ( Nichola Groom | ) www.reuters.com   time to read: +9 min
Right to work laws allow employees to work in union-represented workplaces and be covered by collective bargaining agreements without joining a union or paying dues. American products, he vowed, would be made with union labor. Union labor. Many of the jobs created will be union jobs, the official added. "It's not a favorable environment, but we can still organize," Samantha Smith, senior adviser for clean energy jobs at the AFL-CIO, said in an interview.
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