Companies face scrutiny over China connections while qualifying for Inflation Reduction Act incentives
A pair of major North American solar companies, including one touted by Senate Democrats in 2023, could face scrutiny over their ties to China.
While the feds have created barriers to Chinese firms flooding the solar market, many have found ways to localize operations in the U.S. or North America in a manner that allows for public investment and even deferential press coverage at times.
After then-President Joe Biden signed the Inflation Reduction Act, Senate Democrats praised the law for its substantive investments in “green” energy, including solar. One company that received top billing was an Ontario-based firm that was founded by a Chinese entrepreneur and keeps much of its assets in China.
No way
CNN said that was not true
Though CNN is run by the CIA