UpdateUS imposes anti-subsidy duty on Chinese PV products

21 March 2012 06:28  [Source: ICIS news]

(adds statement from Trina Solar in paragraphs 7-10)

SINGAPORE (ICIS)--The US Department of Commerce has imposed an initial anti-subsidy duty on photovoltaic (PV) products imported from China, a source close to the China Silicon Industry Association said on Wednesday.

The anti-subsidy duty of 2.9%-4.73% announced on 20 March is much lower than expectation of most American solar panel producers, the source added.

The US decided to levy anti-subsidy duty of 2.9% on Suntech, 4.73% on Trina Solar, and 3.59% on other Chinese PV producers.

Meanwhile, the US government will publish anti-dumping verdict on imported Chinese PV products, mainly solar panels in May, according to a previous report from ICIS.

The Department of Commerce said on 9 November 2011 that it will begin anti-dumping investigations on Chinese solar cells.

The US imported PV cell and panes worth total value of $2.8bn (€2.19bn) from China in 2011, according to statistics from an industry source.

Confirming that its Crystalline Silicon Photovoltaic Cells and Modules from China have been imposed a 4.73% preliminary duty, Trina Solar said in a separate statement on Wednesday that it will continue to service its business commitments in the US.

"We are working to ensure that our US team will continue to grow our North American business in order to meet our customers' expanding service needs," said Mark Kingsley, Chief Commercial Officer of Trina Solar.

This preliminary determination is only the first step and is subject to further examination and final determination later this year by the DOC, the company explained.

“Moreover, the determination of whether injury has been found or not is dependent upon the International Trade Commission's subsequent ruling," Trina Solar added.

($1 = €0.76)

By: Tahir Ikram
+65 6780 4359

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