What happened? to the Upcoming SNPW solar manufact

What happened? to the Upcoming SNPW solar manufacturing plant in Alabama?

The upcoming SNPW solar manufacturing plant in Alabama should be of particular value in light of the current shortage of high tech solar panels which SNPW will make.

https://investorshangout.com/post/view?id=6536206

then this happened a year later while Snpw has been in the bread line playing the role of Oliver "more private convertible loans please". Lmao!

https://www.reuters.com/business/energy/us-so...024-03-07/

Quote:

---

A select group of suppliers are building American solar wafer factories but Chinese imports are set to dominate unless the U.S. takes action to narrow the competitive gap.

---

Quote:

---

Earlier this month, solar manufacturer CubicPV ditched its plan to build a 10 GW U.S. silicon wafer factory, blaming a collapse in global product prices and rising construction costs.

China produces around 98% of the world's solar wafers and a ramp up of Chinese solar manufacturing has lowered global prices.

---

Quote:

---

However, unless more support arrives, the U.S. will be importing mostly Chinese wafers for some time to come.

In one example, Chinese supplier Trina Solar is building a 5 GW solar module factory in Wilmer, Texas but “at this time, wafers are not in our near-term U.S. manufacturing plans,” Steven Zhu, president of Trina Solar US, told Reuters Events.

---

Quote:

---

The U.S. imposes tariffs on products from China but some companies have invested in wafer plants in nearby countries such as Malaysia and Vietnam , which has allowed them to continue shipping at lower prices. U.S. trade officials have widened tariffs to include some companies importing from these countries but the Biden administration has waived these until mid-2024 to support U.S. solar development while domestic manufacturing is ramped up.

---

Follow the bouncing solar panels.

LOL

in my opinion

cheers