Canadian Solar, Inc., (the "Company," "we" or "Canadian Solar") (NASDAQ: CSIQ), one of the world's largest solar companies, issued a statement in response to SolarWorld Industries America Inc.'s trade complaint.
Canadian Solar is against the petition filed with the U.S. International Trade Commission and the U.S. Department of Commerce by SolarWorld Industries America Inc., as we believe the petition is exaggerated and without merit. We urge the U.S. authorities to put first the interest of the hundreds of thousands of American citizens and businesses who have benefited from affordable solar power either as consumers or workers in the U.S. solar industry. We believe the petition is counter-productive to the continued development of the solar industry, including the multitude of upstream and downstream businesses located in the United States, and to the development of lower priced products needed to make solar power an economically attractive alternative to traditional power sources.
As a Canada-based company with manufacturing facilities in both Canada and China, we have always actively supported free trade, and have always abided by international trade law and fair practices. Canadian Solar is committed to supporting its customers and partners in the United States, to making solar energy even more affordable for American families and businesses, and to further helping the American solar industry become a sustainable, major engine of economic growth.
