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CCP-linked firms quietly hold stakes in US solar companies fueling Dems' green push

Several North American solar companies, praised by Senate Democrats for their role in advancing green energy, are under scrutiny for their deep financial and operational ties to China. Despite federal efforts to limit Chinese influence in the solar market, companies like Canadian Solar and T1 Energy maintain significant manufacturing operations and ownership links to Chinese entities, including individuals connected to the Chinese Communist Party. These firms have benefited from substantial subsidies under recent U.S. legislation, raising concerns among lawmakers about foreign influence and the potential risks to American supply chains. Critics argue that these relationships allow Chinese-backed companies to access American tax incentives while maintaining dependence on Chinese subsidies and control.

Original article source: https://www.foxnews.com/politics/ccp-linked-firms-quietly-hold-stakes-us-solar-companies-fueling-dems-green-push
Source Id: 8972383671

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