US government restricts trade with prominent Chinese storage companies
The US government has added several prominent energy storage and solar companies to its list of designated “Chinese military companies,” meaning its Department of Defense will be banned from doing business with them and purchasing their products from 2027.
The list, updated on June 9 by US Deputy Secretary of Defense Stephen A. Steinberg, includes well-known Chinese solar and energy storage companies such as CATL, Three Gorges, EVE Energy, Huawei, BYD, JA Solar, and Trina Solar.
The organizations listed are banned under US law from doing business with the US Defense Department due to their perceived links to the Chinese state. The list includes Chinese companies engaged in providing commercial services, manufacturing, exporting, or operating in the United States – either directly or indirectly.
Others listed in the updated list include retailer Alibaba, China Electronics Corp., and China General Nuclear Power Corp. Many companies listed are operating in the energy, technology, security, and aerospace sectors.
This move comes as part of the increasing US crackdown on trading with China.
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