The US International Trade Commission (ITC) has elected to launch an investigation into Suniva’s trade complaint under Section 201 of the 1974 Trade Act. The body will decide whether to raise import prices on modules as per the bankrupt module manufacturer’s request.
SolarWorld AG's insolvency will not impact the continuation of the minimum import price (MIP) with the extension of the measures already enshrined in law by the European Commission.
Module manufacturer SolarWorld USA is considering whether to back manufacturer Suniva’s trade complaint until it has had time to fully assess the details of the case.
Atlanta-based solar panel manufacturer Suniva has officially filed for Chapter 11 bankruptcy blaming overcapacity due to a mass influx of cheap solar panels in Asia, undercutting domestic production.
The European Commission has confirmed that it will extend its anti-dumping and anti-subsidy duties on cells and modules imported from China by 18 months, a reduction form the 24 months first proposed.
UPDATED: The minimum import price (MIP) for solar products being sold into the EU will drop significantly in 2017, according to official correspondence seen by PV Tech.
A group of 22 MEPs have called on the European Commission to end the minimum import price (MIP) agreement and the punitive trade duties currently placed on Chinese cells and modules.
JinkoSolar, JA Solar, Risen Energy, Wuxi Suntech and Sumec (Phono Solar) have been withdrawn from the EU’s Minimum Import Price (MIP) undertaking by the European Commission.
Lerri Solar, DelSolar, CNPV, Motech and Xian Longi have withdrawn from the EU’s Minimum Import Price (MIP) undertaking and will instead have to service their European customers via manufacturing facilities abroad.
