US-China
Solar Panel Conflict Reaches Next Stage
The US Commerce Department will begin
imposing duties on solar panel imports from China, after finding that Chinese
solar manufacturers receive unfair government support. Though the announced
duties were far below the complainants’ requests, the decision is still
expected to increase trade tensions between Beijing and Washington, which have
already been running high in recent weeks.
The 20 March announcement came in response to an October
complaint from the Coalition for American Solar Manufacturing (CASM), a group
of seven solar panel manufacturers led by SolarWorld
Industries America that had together petitioned the US to investigate Chinese
solar imports in October 2011.
Tuesday’s decision specifically named Chinese manufacturers
Wuxi Suntech Power Co. Ltd. and Trina Solar Energy
Co. Ltd., imposing a 2.9 percent countervailing -
also known as anti-subsidy - duty on the former and an initial 4.73 percent countervailing duty on the latter.
All other Chinese exporters will encounter a preliminary 3.61
percent rate, according to the Commerce Department.
The granted countervailing duties stand in stark contrast to earlier
predictions, which had indicated that duties could reach up to 30 percent.
The duties announced yesterday do not immediately go into
effect; rather, they must be confirmed both by Commerce and the International
Trade Commission (ITC) by 19 July. The upcoming process will be characterised
by complex market investigations.
If the final determinations are affirmative, the US may
enforce the duties as of 26 July.
Chinese companies will then have to pay these duties going
forward, as well as retroactively for 90 days in order to keep exporting to the
US.
The case had split the US solar industry, pitting solar panel
producers against firms that buy solar panels for use in solar energy projects.
The
price of solar panels has dropped 40 percent between
2006 and 2011, a result partly attributed to inexpensive panel imports from
China. The drop in market prices has, in turn, been blamed by some analysts for
the high-profile collapse of three US-based solar companies, particularly Solyndra, a California-based solar panel
manufacturer.