U.S. needs incentives to attract foreign solar firms: China’s Longi (U.S.)

U.S. needs incentives to attract foreign solar firms: China’s Longi

http://reut.rs/2nJRx71

BEIJING (Reuters) – The United States will need to offer incentives to attract foreign solar firms to invest there after U.S. President Donald Trump slapped steep tariffs on solar panel imports, a executive at Longi Green Energy Tech (601012.SS) said on Tuesday.

Longi, one of China’s top solar cell makers, won’t give up on the U.S. market as a result of the move though, global marketing director Xia Aimin said at a briefing.

China is the world’s biggest solar panel producer.

Reporting by Muyu Xu and Josephine Mason; editing by Richard Pullin

via U.S.

February 5, 2018 at 08:33PM

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