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Tariffs? Not if You Build in US? Chinese Solar Panel Company Looking at Florida Site

JinkoSolar would be the first Chinese company to set up a solar panel factory in the United States following the imposition of tariffs on importing them, if the company gets local approval in Jacksonville and some state assistance.

The Daily Record of Jacksonville reported this week that the company would lease a warehouse in Jacksonville and set up its headquarters in the city as well. If the deal comes through, the plant would employ 200 workers by the end of 2019, the Daily Record said.

President Trump approved 30 percent tariffs on imported solar panels in January. The tariffs wouldn’t apply to the Chinese company if it makes its panels in the United States.

Jacksonville is proposing to give the company $3.2 million grant over 10 years, and a $200,000 tax refund over five years to get the plant.  The state of Florida would be expected to kick in at least another $800,000.

The plant likely wouldn’t open until 2019.

Shanghai-based JinkoSolar says it has at least one U.S. buyer for the panels, but hasn’t identified the company.

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