U.S. Faces Climate Dilemma Over China Solar Bans, Says SolarEdge
- Balancing solar prices and human rights is ‘tough,’ says CFO
- Rise in costs due to supply disruptions probably ‘temporary’
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The U.S. faces a “dilemma” as it tries to accelerate climate-change goals while also cracking down on imports of Chinese solar-power equipment, according to SolarEdge Technologies Inc.
“What’s more important, at least in the short term?” Ronen Faier, chief financial officer of the U.S.-listed company, valued at $18 billion, told Bloomberg Television. “Is it to have modules and clean energy, or to support human rights? Both issues are very important so it’s a tough mission.”