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Monday, April 29, 2024

Canadian Solar to Open Plant in Thailand After US Tariff Ruling

Canadian Solar Inc. is planning to open a manufacturing plant in Thailand after US regulators concluded the company was evading import tariffs on Chinese components.

The facility is expected to begin production in March and will eventually be able to make as much as 5 gigawatts a year of wafers for solar cells, according to a statementBloomberg Terminal Thursday.

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