Thursday, July 31, 2014

Here’s The Beef On Those Solar Tariffs Imposed on the Chinese

From the 7/25 NY Times – bolding by EleBlog:

Even as regulators continue to wrestle with the protracted trade conflict with China over solar panels, the case has already started to reshape the industry, lifting manufacturers based outside China while also raising prices of panels for developers.

On Friday, the United States Commerce Department took another step in that direction, finding that Chinese solar companies had dumped their products on the American market at below cost, and imposing duties of 10.74 percent to 55.49 percent.

The ruling follows a separate decision in June that ruled that Chinese solar panel manufacturers had benefited from unfair government subsidies and that imposed steep duties of about 19 percent to 35 percent.

Even though Friday’s ruling, like the one in June, is preliminary and could change — final rulings are expected this year — the effect of the higher tariffs imposed in June has been evident in the market. Panel prices have increased by about 10 percent since then, developers and analysts say, resulting in decreased demand for some of the large, low-cost manufacturers that have dominated the market, like Yingli and Suntech.

Source: http://electricalcontractor.com/?p=15198

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