Top Solar Maker GCL Says US May Be Too Expensive for Expansion Outside China
Written by Black Hot Fire Network on April 10, 2023
A top solar material producer is planning its first factory outside China, but may pass on the US because of high costs, according to the company’s chief executive officer.
GCL Technology Holdings Ltd., the world’s second-largest manufacturer of polysilicon, wants to tap into higher prices overseas and serve foreign customers, according to Lan Tianshi, the company’s joint-CEO. Countries around the world are trying to develop their own supply chains for solar panels to compete with China . . .
