Monday, July 23, 2012

US Solar industry responds to Chinese trade case announcement

Solar industry responds to Chinese trade case announcement

21.07.2012: Renewable Energy Corporation ASA (REC), one of the companies named in the Chinese Ministry of Commerce’s (Mofcom) trade case against US polysilicon producers, said it has done nothing wrong and regrets “this escalation of the solar industry trade war.” REC believes the antidumping and countervailing duty investigations announced by Mofcom were provoked by SolarWorld’s trade case in the US. Last year, at the request of SolarWorld, the US Department of Commerce (DOC) launched antidumping and countervailing duty investigations into Chinese crystalline silicon solar cell and module imports. As a result, the DOC has imposed steep preliminary antidumping duties on Chinese PV products. REC calls on both the US and China to engage in constructive dialogue instead of relying on punitive measures. Dow Corning Corp., the majority shareholder of Hemlock Semiconductor; the Coalition for Affordable Solar Energy (CASE), which was created to oppose SolarWorld’s US trade case; and the US Solar Energy Industries Association (SEIA) all issued statements along the same lines as REC. Noting his disappointment at the US and China’s inability to resolve global trade issues through negotiation, Dow Corning President and CEO Robert Hansen warns that the case could impact Hemlock Semiconductor’s ability to sell polysilicon to China – its largest market. CASE President Jigar Shah said, “Tariffs at any point in the global solar value chain are counterproductive and make solar energy less competitive against fossil fuels.” Shah continues: “We urge all countries to avoid unilateral actions that impede trade…We urge the US and China to…engage in productive dialogue to prevent this destructive trade war. Lowering, not artificially raising, the cost of solar should be a global goal.” And finally, SEIA President and CEO Rhone Resch said: “We are disappointed by China’s decision to escalate the US-China solar trade conflict. Unfortunately, these investigations will have an immediate, adverse impact on US polysilicon manufacturers, regardless of the investigations’ outcome. The investigations also threaten the Chinese solar industry’s access to the world’s most efficient and innovative polysilicon products.” Meanwhile, SolarWorld Industries America Inc. President Gordon Brinser released a statement on the Chinese trade case via the Coalition for American Solar Manufacturing: “Today’s announcement by the Chinese government proves once and for all that China is intent on unfairly and illegally allowing its manufacturers to dominate the global solar industry…The announcement of retaliatory investigations into US polysilicon production is harmful to the international trade system.” Dow Corning’s Hansen and market research company NPD Solarbuzz both caution that any duties imposed on polysilicon imports into China will not only damage foreign manufacturers but also Chinese wafer producers and their customers, Chinese solar cell manufacturers. This, both Dow Corning and Solarubuzz warn, could lead to higher costs and prices throughout the solar supply chain. … Source: Renewable Energy Corporation ASA, Dow Corning Corp., Coalition for Affordable Solar Energy, Solar Energy Industries Association, Coalition for American Solar Manufacturing, NPD Solarbuzz; Summary: PHOTON

http://www.recgroup.com/en/media/newsroom/view/?feed=R/136555/PR/20120
7/1628311.xml

http://www.americansolarmanufacturing.org/news-releases/07-20-12-casm-
statement-on-Chinese-investigation-of-US-South-Korean-polysilicon-manu
facturers.htm

The complete press release can be viewed in PHOTON's archive using the following link:
http://www.photon-international.com/newsletter/document/67871.pdf

 

 

Monty Bannerman

ArcStar Energy

646.402.5076

www.arcstarenergy.com

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