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Us imposes tariff on chinese solar panels, a victory for usmanufacturers by 123wert sdfsf
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Us imposes tariff on chinese solar panels, a victory for usmanufacturers |
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Business,Business News,Business Opportunities
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Commerce s ruling in the SolarWorld case is a bellwetherdecision, said Steve Ostrenga, chief executive officer of HeliosSolar Works, a CASM member company. It underscores the importanceof domestic manufacturing to the US economy and will help determinewhether the country will be a global competitor in cleantechnologies or outsource them China. It is also criticallyimportant for thousands of US workers. But the ruling was criticized by the Coalition for Affordable SolarEnergy (CASE), a group of domestic solar installers and Chinesemanufacturers. "It will ultimately come right out of the paychecks ofAmerican solar workers," Jigar Shah, president of CASE said ina statement.
The decision, he predicted, would boost solarelectricity prices in the US "precisely at the moment solarpower is becoming competitive with fossil fuel generatedelectricity. In a preliminary ruling in March, Commerce determined that Chineseproducers and exporters had also received subsidies ranging from2.90 percent to 4.73 percent, a smaller advantage over USmanufacturers than many analysts had expected. The dumping decision, like the subsidy decision, is alsopreliminary. A final decision will be delivered later this year onboth. The preliminary tariffs could be increased, or slashed ifimporters are able to argue their case persuasively enough.
The ruling wasn't entirely a surprise. It follows a January findingby the Commerce Department's International Trade Administration that Chinese manufacturers had received heavy subsidies via dozensof low-cost Chinese government loan programs. Amid that competition, now seen as unfair, solar photovoltaicmodule production in the US dropped from 1,273 megawatts in 2010 to1,219 megawatts in 2011. The cause was due to "globaloversupply and the shuttering of a number of productionfacilities," according to a 2011 year-in-review studyconducted for the Solar Energy Industries Association by GTM Research. At the same time, however, imports of Chinese solar cells andmodules into the US more than doubled from 2010 to 2011, with theirvalue soaring from $1.5 billion to $3.1 billion, the CommerceDepartment found.
Amid that flood, US-based SpectraWatt , founded in 2008, closed last year. Evergreen Solar Inc. and Solyndra , the California company that received a $535 million federal loan guarantee, shutlast year, too. Sanyo last month said it plans to close its solar ingot and waferfactory in Carson, Calif., laying off about 140 workers.
"Everybody knows that what the Chinese charge for modules isvery close to their production costs," Fatima Toor, a solarindustry analyst with Lux Research , a Boston -based renewable energy market research firm, told the Monitor in aMarch interview. "They have government backing and governmentsupport to help them survive. They can get away selling near cost,while it's hard if you are a US manufacturer to do that.". I am an expert from Other Kitchenware, usually analyzes all kind of industries situation, such as solar food dehydrator , mini fan heater.
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