{
  "id": 15900209,
  "title": "U.S. Solar Tariffs Lift Hanwha, OCI Outlook",
  "url": "https://urgent.news/2026/10/21/u-s-solar-tariffs-lift-hanwha-oci-outlook",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-21T14:24:51.000Z",
  "source": {
    "name": "BusinessKorea",
    "slug": "businesskorea",
    "url": "https://www.businesskorea.co.kr/news/articleView.html?idxno=279376"
  },
  "original_language": "en",
  "account": "Recent U.S. tariffs of up to 268% on solar products from India, Indonesia, and Laos have brought attention to the competitiveness of non-Chinese supply chains for companies like Hanwha Solutions and OCI Holdings. The U.S. International Trade Commission (USITC) has ruled that the U.S. industry suffered damages from solar cell and module imports from these countries. To counter these imports, the U.S. plans to implement a minimum import price system for solar products starting December of this year.\n\nThe tariffs and minimum import price system are expected to strengthen local U.S. production capabilities and the ability to secure non-Chinese raw materials. Hanwha Solutions, for instance, is developing a local supply chain with a solar production facility in Georgia, capable of producing 8.6GW of modules annually. The company's ingots, wafers, and cells are estimated to reach 3.3GW each.\n\nOCI Holdings is also expanding its non-Chinese supply chain by constructing polysilicon production facilities in Malaysia and wafer production facilities in Vietnam. The company recently announced plans to increase its Malaysian polysilicon production capacity from 35,000 to 70,000 tons annually. OCI Holdings has also signed a long-term supply contract with a U.S. tech company.\n\nChina has added 12 solar technology items, including perovskite-silicon tandem cells and polysilicon manufacturing, to its export ban and restriction list. If confirmed, this could impact overseas companies relying on Chinese technology for manufacturing and technology sourcing.\n\nAs U.S. import regulations tighten, the demand for supply chains with minimal reliance on Chinese raw materials may rise. Industry experts predict that U.S. protectionist trade measures' impact on corporate performance will depend on future production volumes and sales prices. If imported solar products become more expensive, local manufacturers may improve their price competitiveness, although facility investment costs and raw material procurement costs may also rise.",
  "summary": "As the U.S. has decided to impose high tariffs of up to 268% on solar products from India, Indonesia, and Laos, the non-Chinese supply chain competitiveness of Hanwha Solutions and OCI Holdings is drawing attention. Analysis indicates that the importance of local U.S. production facilities and the a",
  "key_points": [],
  "editors_take": "Tightening U.S. import regulations shift the competitive advantage toward manufacturers capable of building non-Chinese supply chains to bypass rising costs and trade restrictions on solar technology.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}