Hanwha Qcells is developing the Atlas Energy Park in Arizona as part of its U.S. solar manufacturing expansion. Photo courtesy of Hanwha Solutions

Aug. 11 (Asia Today) -- New U.S. minimum import prices and tariffs on imported solar products are expected to improve the competitive position of Hanwha Solutions, which has invested heavily in building a vertically integrated solar manufacturing supply chain in the United States.

President Donald Trump signed a proclamation Thursday under Section 232 of the Trade Expansion Act introducing minimum import prices for polysilicon and related solar products.

The minimum price was set at $21 per kilogram for polysilicon, $100 for ingots and wafers, 22 cents per watt for solar cells and 38 cents per watt for modules.

Tariffs will also apply to ingots, wafers, cells and modules.