Solar Panel Tariffs – No Benefit, Only Problems

Solar Panel Tariffs – No Benefit, Only Problems | Renewable Energy News Article

renewableenergyworld.com 03 Oct '12, 8pm

Solar Panel Tariffs – No Benefit, Only Problems

Since the time German-owned SolarWorld first petitioned the ITC for an investigation into China’s trade practices in this space, a range of U.S. solar companies have warned against imposing tariffs. Nonetheless, the ITC earlier this year imposed tariffs on solar panel imports from China on a preliminary basis, and now SolarWorld is using the same playbook before the European Union. The effect on reducing imported Chinese solar panels into the U.S. market has, at most, been minimal. Indeed, most Chinese-made solar panels that enter the U.S. market come from very large, “Tier 1,” manufacturers that have vast cross-border capabilities. These Chinese companies quickly applied a “tolling” strategy whereby their solar panels have final components installed in Taiwan or some other country and then get imported to the U.S. Thus the “new normal”: we’re still buying Chinese products...

Full article: http://www.renewableenergyworld.com/rea/news/article/2012...

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