UpdateEU starts antidumping probe on China solar panel imports

06 September 2012 12:38  [Source: ICIS news]

(adds comment from Chinese producer Trina Solar, with recasts throughout)

SINGAPORE (ICIS)--The European Commission on Thursday launched an antidumping investigation into imports of solar panels and their key components – solar cells and wafers – originating in China.

Industry association EU ProSun in a complaint lodged on 25 July this year to the Commission cited that solar panels and their key components imported from China are priced below market value, the EC said in a statement.

The investigation will take 15 months to complete, and it is possible, according to trade defence rules, to impose provisional antidumping duties within nine months of the ongoing probe, provided there is sufficient prima facie evidence of dumping, according to the statement.

“We feel regretful that the EU is initiating an antidumping investigation. The global photovoltaic industry should work together, especially China and European companies amid slow economy growth,” said China’s Ministry of Commerce spokesperson Shen Danyang in a statement posted on the government agency's website.

“Limiting Chinese solar panels products not only damages the relationship between China and Europe, but also destroys the healthy development of the global photovoltaic industry and clean energy,” Shen added.

Chinese photovoltaic products maker Trina Solar, in a separate statement issued late on Thursday, said that it will “vigorously” contest the allegations made by EU ProSun.

"Trina Solar products are neither dumped nor subsidized. They are produced, and sold competitively on the European market,” said company chairman and CEO Jifan Gao.

“We believe the trade investigation will reveal that Trina Solar competes fairly with its competitors in the European Union," Gao added.

Trina Solar is “cooperating with the European Commission to ensure it receives all required information to arrive at a balanced and fair conclusion", said Ben Hill, president of the company’s Europe operations.

Viola Pan contributed to this article

By: Pearl Bantillo
+65 6780 4359

AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly