First Solar stands to gain from a reported U.S. government crackdown on solar manufacturing with ties to China. The policy aims to bolster domestic production by blocking manufacturing credits for factories linked to Chinese entities.
This shift is causing some banks to scale back project financing. It is also leading some installers to avoid Chinese suppliers.
First Solar belongs to the Solar Energy Manufacturers for America Coalition. This trade group has advocated for firm trade stances to help domestic producers capture market share.
The new hurdles for Chinese supply chains are creating uncertainty and slowing some solar projects. These restrictions directly benefit non-Chinese manufacturers.