Dolly Varden (DV.V): “Silver projects stand to benefit from US crackdown on solar panel supply chain”
In the latest episode of growing trade tensions between the worlds’ top two economies, the US is now officially blocking the import of solar panels from China over concerns of forced labor.
The implications of such a move could be huge; solar energy is currently the fastest-growing source of new electricity generation in the United States.
The Department of Energy’s latest media brief states that solar accounts for 3% of the electricity generated in America today, and the Biden Administration would like to boost that to more than 40% by 2035.
However, the production of solar panel production is dominated by China, and the latest import ban could pose a new challenge to bringing renewable energy to US households.
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