NextEra plans to shift away from Chinese solar panels within 2 years, company leaders say


Source: utilitydive.com utilitydive.com

Key Topics in this News Article:

News Snapshot:

Dive Brief: - NextEra’s renewable energy projects are back on track and enjoying record-setting demand after the Biden administration's two-year moratorium on new solar panel tariffs, company leaders told investors during a Friday morning earnings call. - The two-year moratorium will give the company’s suppliers adequate time to begin sourcing solar panels with wafers made outside China. This means NextEra should be able to avoid any tariffs stemming from the Department of Commerce investigation into solar panel tariff circumvention, according to Kirk Crews, NextEra Energy chief financial officer. - CEO John Ketchum said he anticipates NextEra will continue to enjoy...