From pv magazine USA
Solar analyst firm Roth Capital Partners said in a note to clients that it believes LONGi may be the next module manufacturer to be the subject of U.S. Customs and Border Protection action under a Withhold Release Order (WRO) issued in June.
“While detainment appears to have not yet happened, we believe it is imminent,” Roth said in a note obtained by pv magazine. The note said that LONGi had been informed that shipments currently on the water were expected to be detained at five ports. “Look for this to impact LONGi in a broad-based way,” the analyst’s note said.
The note said that Trina recently slowed or even stopped module flow “meaningfully” and changed terms on customers, in some cases increasing prices by around $0.10 per Watt.
To keep reading, please visit our US website.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
We had 2 pallets of Longi bifacial panels held in LA customs for 2.5 months. Just told 10/29/21 that they were seized and not allowed into the US. Our distributor refunded our money.
It’s happening!