Sky-high US tariffs on Chinese language photo voltaic companies with factories in Vietnam, Malaysia, Thailand and Cambodia are prompting a few of these corporations to think about relocating to Indonesia – a uncommon vibrant spot within the area that analysts say might not stay shielded for lengthy.
US President Donald Trump’s administration in late April imposed punitive duties of as much as 3,500 per cent on photo voltaic elements exported from the 4 Southeast Asian international locations, focusing on Chinese language companies accused of routing shipments by means of the area to sidestep earlier commerce restrictions.
Indonesia and Laos, which the US tariffs haven’t hit, not too long ago attracted new investments from Chinese language-owned photo voltaic companies looking for to bypass American commerce limitations.
Chinese language companies featured prominently at Solartech Indonesia 2025, a commerce exhibition for photo voltaic and photovoltaic vitality held in Jakarta final week, together with photo voltaic panel producers Jinko Photo voltaic and Trina Photo voltaic.
This comes after at the very least 4 new photo voltaic initiatives linked to Chinese language corporations have begun working in Indonesia and Laos, with two extra in growth, in line with Reuters. Collectively, they goal to provide 22.9 gigawatts of photo voltaic capability, primarily destined for america.
Among the many main gamers are Thornova Photo voltaic, the US-based subsidiary of China’s Yuncheng Photo voltaic Expertise; New East Photo voltaic, one other China-linked agency; and Lesso Group, a Chinese language conglomerate greatest recognized for manufacturing industrial supplies.