Recently, the news of "Corning's acquisition of Jingao American Module Factory" has aroused heated discussion in the photovoltaic industry.
According to media reports, Corning , a world-renowned manufacturer of specialty glass and ceramic materials, has acquired JA Technology 's component plant in Arizona, USA, 0 HTML0 UN K9。 0 HTML 0 UNK1 0 In fact, Jingao's plan to sell American factories has been disclosed in its annual report of 2024 and the prospectus of the Hong Kong Stock Exchange. JA Industrial, the US subsidiary of JA Technology, has a 0 HTML0 https://www.databm.0HTML0UNK12 of 1 not higher than 2. JA AZ's only business is to own and operate the
Perhaps coincidentally, or perhaps because of years of experience, Trina Solar announced that it had "sold" its 5G W component factory in the United States on the day of Trump's election victory. Trina Solar (Schweiz) AG (TSW), a wholly-owned subsidiary of Trina Solar, announced
that its core assets were Trina Solar US Manufacturing Module 1. LLC ( "TUM1") was sold to FREYR Battery, Inc.
According to the announcement at that time, through this transaction, Trina Solar will receive $100 million in cash , par value 1.
After taking office, Trump continued his previous stance and launched a series of attacks on new energy, which led to a sharp decline in the new energy market environment in the United States. Under the
"big and beautiful", the "big and beautiful" bill
recently passed in the United States has seriously hindered the development of the new energy industry in the United States. US renewable energy developer New Leaf Energy has laid off about one fifth of its workforce ,
local media reported. The company's move comes in response to Big and Beautiful's decision to speed up the elimination of federal investment tax credits for solar and wind energy.
In response to the "Big and Beautiful" bill, the American Solar Energy Industry Association (SEIA) warned that " (the bill) could endanger nearly 300 solar and energy storage plants in the United States". "By 2028, this reconciliation bill will lead to the disappearance of about 300000 jobs in the solar and energy storage industry, including 8."
"Prohibited foreign entities" are also clearly defined (see the chart below for details). Once enterprises are added to these categories, they will no longer be able to enjoy the corresponding tax credit policy. Chinese enterprises are one of its key targets.
According to the above, the domestic solar market environment in the United States is already very bad, why did Corning choose to take over the module factory of Jingao and expand production against the trend?Influenced
by the "Big and Beautiful" Act, the photovoltaic industry in the United States will have a lot of work ahead, which will promote the development of the photovoltaic industry in the United States in the short term. According to Bloomberg New Energy Finance, the new photovoltaic installed capacity in the United States will reach 53.1GW in 2025 and 61.1GW in 2026 . In 2027, it will reach 59.
At the same time, the "Big and Beautiful" Act retains subsidies for photovoltaic manufacturers in the United States, which means that domestic photovoltaic manufacturers in the United States can still enjoy tax credits .
In this context, how should Chinese photovoltaic enterprises deal with it? Although
this sentence is a joke, it also reveals that the current Chinese photovoltaic enterprises are not optimistic about participating in the US market.
However, it is not the first time that the United States has pursued and blocked Chinese photovoltaic enterprises. In the past few decades, the United States has attacked Chinese photovoltaic enterprises several times by means of trade barriers, entity lists and supply chain traceability.
Faced with the systematic attack of the United States, Chinese photovoltaic enterprises finally adopted the dual-track strategy of "capacity relocation" and "technology upgrading" to break the situation one after another.
Now that the difficulties have escalated again, what will China's photovoltaic enterprises do to break the situation?
浙公网安备33010802003254号