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NextEra Energy, Con Ed warn patent dispute could roil solar sector

Mar. 21, 2019 5:45 PM ETNextEra Energy, Inc. (NEE) Stock, ED Stock, TANED, TAN, NEEBy: Carl Surran, SA News Editor8 Comments
  • NextEra Energy (NYSE:NEE) and Consolidated Edison (NYSE:ED) warn future solar development could be harmed if Hanwha Q Cells prevails in barring solar panel imports into the U.S. from rivals; ED says the move could trigger "significant job losses" in solar.
  • The comments to the U.S. International Trade Commission show the solar industry's desire for stability after Pres. Trump's tariffs on imported equipment; more than a dozen companies wrote to the ITC, urging it not to block imports as it rules on Hanwha's complaint.
  • The ITC has authority to block imports, and it asked for input on how the case would affect the solar industry as part of its standard practice when investigating complaints.
  • ETF: TAN

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