Trina Solar and Yingli Respond to US’s Preliminary Ruling in Countervailing Duty Tariffs

published: 2014-06-06 16:30 | editor: | category: News

Trina Solar and Yingli Green Energy, two of the largest Chinese PV manufacturers, commented on U.S. Department of Commerce’s (DOC) preliminary ruling in countervailing duty tariffs. Both companies are disappointed and will try to defend themselves.

According to the ruling, Yingli Green Energy will be subject to an anti-subsidy tariff of 26.89% on certain PV module exported to the U.S., while Trina Solar is found to be subject to a preliminary rate of 18.56%, the lowest among the Chinese manufacturers.

"The decision will unfortunately make solar power more expensive for American consumers, and diminish opportunities for tens of thousands of U.S. solar jobs that we have helped to create. We will continue to fight this petition and defend ourselves, alongside the majority of the U.S. solar industry," said Robert Petrina, Managing Director of Yingli Green Energy Americas, Inc., the company's operating subsidiary in the U.S. "We have fully cooperated throughout this investigation and have prepared ourselves for the outcome, given the highly politicized nature of this case. We remain dedicated to the U.S. solar market and will continue to support our customers and projects."

Trina Solar also explains in its press that it will deploy further strategy for the business in the US market and serve its customers in America.

The preliminary decision for anti-dumping will be announced on July 24th. As scheduled, the final decisions in both anti-subsidy and anti-dumping will be released in this year.

announcements add announcements     mail print
Share