A top US solar trade group, the Solar Energy Industries Association, said new tariffs would actually harm domestic producers by increasing costs for panel buyers.
Vietnam is focusing on the development and application of green energy technologies, including the technology surrounding wind turbine blades and solar panel production, as it wants to fully tap its advantages in geography and climate to develop renewable energy.
The SBM NEWS website of Cambodia has published an article praising Vietnam's ability to attract foreign investment, especially in the northeastern province of Quang Ninh.
US President Joe Biden on June 6 declared a 24-month tariff exemption for solar panels manufactured in four Southeast Asian countries, including Vietnam, in an effort to promote clean energy production in the country.
The US Department of Commerce has recently announced it will not conduct an anti-tariff circumvention investigation against solar panels made in Vietnam, Thailand and Malaysia at a request by a group of anonymous businesses called American Solar Manufacturers against Chinese Circumvention (A-SMACC).
Two Japanese firms - renewable energy producer Aura Green Energy Co. and solar panel system provider WWB Corp - have teamed up to launch a hybrid power generation business combining biomass and solar energy in Cambodia in 2021, aiming to help secure stable power supply.
Singapore has set a target of stepping up its solar capacity by more than seven times from the current level, and increasing the current output of 260 megawatt-peak (MWp) to 2 gigawatt-peak (GWp) by 2030.
The Vietnamese Government’s decision on providing incentives for solar energy projects in Vietnam has attracted foreign investors to the field, including those from Taiwan.
The 100 million USD factory manufacturing solar panels Trina Solar (Vietnam) was put into operation on January 6 in the Quang Chau Industrial Park in Viet Yen district, northern Bac Giang province.