FSLR · 10-Q · 2026Q3 · Full report

China Export Controls

FIRST SOLAR, INC. · 2026-10-29 · Importance 40 · Surprise 42

China announced tighter export controls in February 2025 for five key minerals, including tellurium, a component of First Solar’s CdTe modules; Chinese exporters generally need a Ministry of Commerce license. China’s October 2025 rare-earth controls were delayed for one year, and the United States and China extended their trade truce covering tariffs and export controls through January 2027. First Solar says it has a cross-functional team monitoring developments, has applied and expects to continue applying for export licenses where appropriate, and is pursuing alternative suppliers to mitigate impacts.

Key facts

• In February 2025, China announced tighter export controls on five key minerals, including tellurium, a key component of First Solar’s CdTe modules; Chinese exporters generally need a Ministry of Commerce license for tellurium and related products. source
• First Solar formed a cross-functional team to monitor Chinese export controls, has applied for and intends to keep applying for export licenses where appropriate, and is sourcing from other suppliers to mitigate potential impacts on module-production materials. source