PV Panels From China’s Trina Solar, Jinko Solar Clear US Customs

2023-03-08 14:51:52 By : Ms. Candy Fan

(Yicai Global) March 8 -- Trina Solar and Jinko Solar have passed customs clearance in the United States, Yicai Global learned from the leading Chinese photovoltaic panel makers.

“Our customs clearance has been normal since the third quarter of 2022,” Trina Solar told Yicai Global yesterday. Customs clearance has improved since the end of last year, the relevant person in charge of Jinko Solar said to Yicai Global.

The US Customs and Border Protection seized over 1,000 batches of solar equipment between June 21 and Oct. 25 last year. Some sources at listed Chinese PV module makers confirmed to Yicai Global that some Chinese PV companies were affected by the move.

On March 6, an official at the White House said that the US had begun to release solar panels imported from China. The PV panels stuck at customs or waiting to be transported to the country were allowed to go through customs clearance, the official added.

The US imported nearly 4.3 gigawatts of solar cell modules in December, up 200 percent from a year earlier and 23 percent from the previous month, reflecting the improvement of PV module imports to the country, data from the US customs showed.

With a deeper understanding of US policies, the customs clearance process is expected to be gradually smoother for Chinese companies this year, Huachuang Securities reported. At the same time, as the US is a traditional high-price region for PV modules, the recovery of the demand will further improve the profitability of related Chinese companies.

Institutions are also optimistic about the customs clearance of battery modules.

Editors: Shi Yi, Futura Costaglione