Preventing Investment in the Chinese Solar Economy Act This bill prohibits the use of authorities under the Defense Production Act of 1950 with respect to solar photovoltaic modules and module components, including ingots, wafers, solar glass, and cells. Additionally, the bill nullifies the Memorandum on Presidential Determination Pursuant to Section 303 of the Defense Production Act of 1950, as amended, on Solar Photovoltaic Modules and Module Components (June 6, 2022).