NextEra Energy lost almost 10% of its market value last week after telling the financial community that a federal government decision on solar panels and cells supplied from Asia could delay some of its projects.

The Department of Commerce said in March that U.S. trade officials will investigate whether imports of solar energy equipment from four Southeast Asian nations are circumventing tariffs on goods made in China. (See related story, Solar Sector Braces for Tariff Probe Impact.)

During the company’s first-quarter earnings call with analysts Thursday, NextEra management said that 2.1 to 2.8 GW of the company’s planned solar and storage projects may be delayed until 2023 because suppliers are not shipping solar panels to the U.S. while they wait on a final decision.

NextEra Energy Partners CEO John Ketchum said being unable to purchase solar panels from Southeast Asia will force renewables companies like his to instead source their materials from China. NextEra bills itself as the world’s largest producer of solar and wind energy.

“China is the only country in the world that would have panels available to sell because … the U.S. panel manufacturing industry, which is incredibly small even at full capacity, only has the ability to satisfy 10 to 20% of the entire U.S. demand,” he said. “The U.S. industry is sold out until 2025. It forces you back to China … which is an absolutely perverse outcome, an outrageous outcome, quite frankly, and one we intend to make sure that the Commerce Department clearly understands because that’s an unintended consequence that I don’t think anybody wants.”

NextEra announced a first-quarter net loss of $451 million (-$0.23/share), as compared to $1.67 billion ($0.84/share) for 2021’s first quarter. The Florida-based company said it expects to grow shareholder dividends at a 10% annual rate through 2024.

The company’s share price closed the week at $73.95, down $7.54 from its close the day before the earnings announcement and a 9.3% drop over two days.