After the whole roar of US Chinese solar trade wars, the World Trade Organization (WHO) has pointed out that US has violated certain rules of international trading in fixing the duties. As a result of which, US needs to revise the duties so as to be in conformity with international rules of trading. USA had charged China of flooding the US markets with cheap Chinese solar products, which badly affected the US Solar industry. To safeguard its interests, the US imposed anti-dumping duties on the Chinese imports. However, with the WTO decision coming into scene, USA will now have to revise/ reduce the duties, as a result of which the Chinese imports will again get cheaper thus adversely affecting the domestic solar industry in USA.
Well, is that a good news for the Chinese solar industry, we’ll have to wait and watch since the US solar industry experts do not think so. According to them, the WTO’s decision will not impact the solar industry in USA much immediately.
The Solar Energy Industries Association (SEIA) said “It is also important to remember that this decision is subject to an appeals process, which could take approximately 120 days. Assuming the decision is upheld on appeal, the U.S. would then have approximately one year to implement the decision. But even then, it is not clear whether the decision will result in any substantive modification of a solar CVD order against China.”
Source: PV-Magazine
“Today the cost of tier 1 Chinese modules delivered to the west coast of Mexico is $0.58/Watt. The same modules delivered to the west coast of the U.S. cost American companies $0.76/Watt,” Tony Clifford, CEO of Standard Solar said.
While Jigar Shah, CEO of the Coalition for Affordable Solar Energy (CASE) considers that the administration should take measures to bridge the gap between all the concerned parties in a way that it is beneficial for all.
Source: Renewable Energy World