Solar PV companies in the US are not waiting for guidance from the US Departments of the Treasury or Energy to act regarding Foreign Entity of Concern (FEOC), according to a survey conducted by Crux.
Multinational solar manufacturer Canadian Solar will assume direct control of its US solar PV and energy storage manufacturing operations, in a strategic move which may reduce its supply chain risks.
Analysis: The opening of Corning's Michigan wafer plant puts it in a strong position to supply US-made, FEOC-compliant products, while competition from outside remains scarce.