[SMM PV News] JinkoSolar Terminates Vietnam Solar Cell Project Amid 'US' Tariffs
JinkoSolar's Hai Ha solar cell project in Vietnam was officially terminated on March 11 following the company's request to halt development. The facility, originally planned for 4 GW of cell and 3 GW of module capacity with a revised investment of $294.2 million, had its investment certificate revoked. The decision was primarily driven by the 'US' Department of Commerce imposing steep antidumping duties (over 120%) on Vietnamese 'PV' cells in June 2025, worsening the economics of exporting. Despite this cancellation, JinkoSolar is not fully withdrawing from Vietnam and maintains around 10 GW of integrated n-type capacity. The company is reportedly pivoting its global strategy toward other markets like the Middle East and the wider Asia-Pacific region.