Indian module suppliers are seeing strong growth today in exporting modules to the US market as import restrictions on Chinese products tighten. Image: Waaree.
During 2023, Chinese-owned PV companies supplied just over half of all PV modules shipped into the US market during the year, with more than 98% of these Chinese-owned modules manufactured in Southeast Asian countries such as Vietnam, Thailand and Malaysia.
This supply-channel dominance is not new. It was kick-started back in 2012 when the US first applied anti-dumping (AD) and countervailing duties (CVD) on c-Si cells and modules produced in China and Taiwan being imported into the US These AD/CVD duties propelled Southeast Asia into the PV manufacturing spotlight.
(The above content is reproduced from pv-tech，By Finlay Colville）
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