24 Oct '11, 10am

US solar firms accuses China of dumping solar modules in the US

The US-based manufacturers challenge state-subsidised Chinese solar companies, which they say are “inundating the US market with solar cells and panels at dumped prices to systematically secure a higher market share” “The Chinese industry’s ability to offer dumping prices is solely attributable to massive subsidies by the Chinese State Banks and the Chinese Government.” - Gordon Brinser, SolarWorld Industries America Inc This action against unfair trade practices could be one of the largest against China in the USA, and is believed to be the first in the field of renewable energy worldwide. Dr.-Ing. E.h. Frank Asbeck, Chairman and CEO of SolarWorld AG , says: “Our German and US factories are fully competitive internationally – but China’s unfair trade practices must be addressed.” With a large number of subsidies and preferential treatments, the Chinese Government and its ...

Full article: http://www.renewableenergyfocus.com/view/21532/us-solar-f...

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