U.S. solar tariffs of up to 268% boost Hanwha and OCI outlook

The USITC ruled that solar cell and module imports from India, Indonesia and Laos harmed U.S. industry, with duties reaching 268.06%. From December a minimum import price applies: $21/kg for polysilicon, $0.22/W for cells and $0.38/W for modules. Hanwha Solutions' Georgia plants and OCI's Malaysian and Vietnamese supply chain stand to benefit.

• U.S. tariffs on solar goods from India, Indonesia and Laos reach 268.06%
• From December: $21/kg polysilicon, $0.22/W cells, $0.38/W modules minimum prices
• Hanwha's U.S. capacity: 8.6 GW modules and 3.3 GW each of ingots, wafers, cells
• OCI to double Malaysian polysilicon output from 35,000 to 70,000 tons a year