09 Jan '12, 5pm

It's Time to Pick Sides in the US-China Solar Trade Wars

It's Time to Pick Sides in the US-China Solar Trade Wars

Should we worry about Chinese government subsidies to its solar industry? Or send the Chinese a thank-you note? A group of seven U.S.-based manufacturers of solar panels is alarmed. These manufacturers, led by Solar World, a German firm with a plant in Oregon, filed a complaint with the United States International Trade Commission, which reached a preliminary conclusion in December that U.S. companies were, in fact, being harmed by subsidized imports. If the Commerce Department goes on to find that Chinese firms have been dumping solar panels on the U.S. market at prices below their costs, it could impose steep tariffs of 50 to 250 percent on Chinese panels, according to this report in The Times by Matt Wald. The Chinese government provides billions of dollars of low-cost financing and free or cheap land to Chinese solar firms. But much of the solar industry -- led by Jiga...

Full article: http://www.greenbiz.com/blog/2012/01/09/its-time-pick-sid...

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