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Bloomberg
President Donald Trump wanted more US solar manufacturing — and now he’s getting it. Hanwha Q Cells Korea said it will build a factory in Georgia. JinkoSolar Holding Co. of China is planning one in Florida. And US companies SunPower Corp. and First Solar Inc. say they’ll boost production in Oregon and Ohio.
The expansion underscores how immediate the reaction has been to the tariffs Trump imposed on imported panels in January to spur domestic manufacturing. The duties could increase production capacity in the US by at least 3.4 gigawatts, compared with 1.8 gigawatts at the end of last year, and would add to even more capacity already planned, based on Bloomberg New Energy Finance data. It remains to be seen whether these factories will create the jobs Trump is after, but analysts say his policies are having a clear impact.