Investment in building a solar power component factory in Thai Binh
EIFFEL Fiber Joint Stock Company (DamSan Group) has just signed a cooperation agreement with ET Solar Group to invest in a silicon wafer factory project, applied in the semiconductor and solar industries, in An Ninh industrial cluster, Tien Hai district, Thai Binh. ET Solar’s silicon wafer factory project has a total investment of 98 million […]
ADS revenue from exporting panels is expected to be 4,600 billion annually
Last June, 2022, the US Government approved the exemption and reduction of some taxes for 2 years for solar panels originating from Vietnam. The tax exemption will enable clean energy businesses to save billions of dollars in production, reduce risks to the power grid and solve the crisis from climate change. With a sustainable development […]
The US exempts Vietnam’s imported solar panels from tax
In the announcement, the White House said the tax exemption applies to imported solar panels from Vietnam, Cambodia, Malaysia and Thailand. With this decision, the US can secure a sufficient supply of parts to meet power generation needs while domestic solar power production increases. President Biden also activated the Defense Production Act (DPA) to boost […]
