The World's #1 Renewable Energy Network for News, Information, and Companies.
Untitled Document

China Levies Tariffs on US, South Korean Polysilicon

The Chinese Ministry of Commerce has formally decided to levy antidumping duties on imported solar-grade polysilicon from U.S. and Korean suppliers, turning up the heat yet again in the broader trade disputes simmering between several key markets for solar energy.

The antidumping tariffs, which are said to be effective starting July 24, range from 54-57 percent targeting nine U.S. suppliers and from 2-49 percent for 11 South Korean suppliers. (Here's a roughly Googlized translation of the China MOC announcement.) Here's how the antidumping tariffs lay out:

Credit: Chinese Ministry of Commerce

Not included in these polysilicon tariffs is any mention of European suppliers, which China had hinted at last fall. Reports had suggested China likely will avoid any such sanctions on European polysilicon as the two sides negotiate through the recently imposed penalties on Chinese solar imports. In a statement earlier this week, Chinese commerce ministry spokesperson Yao Jian reiterated that the MOC has laid the groundwork to pursue just such a case, but that "we’ve never changed our position that [the] solar PV trade dispute should be settled through negotiations," and that all sides "are actively endeavoring to consult with each other in hope of properly settling this case through price undertaking negotiations."

These new solar tariffs on U.S. polysilicon, though, were more anticipated as retaliation against last year's decision to impose antidumping and countervailing duties on Chinese solar cells and modules. China's GCL is the world's largest polysilicon supplier with strong government support -- even as rafts of other domestic producers are being quietly shuttered -- and these tariffs will likely deepen its domestic dominance to fuel China's massive solar energy goals.

Still, raising prices anywhere in the supply chain run counter to the solar sector's relentless march to lower costs. "There's no way that module manufacturers can tolerate a 57 percent increase in polysilicon price," emphasized Michael Parker, a Hong Kong-based analyst at Sanford C. Bernstein & Co.," quoted by Bloomberg.

Lead image: Business figure with money, via Shutterstock

Untitled Document

RELATED ARTICLES

Welspun Commissions 52-MW Solar Power Plant in India

Vince Font Leading Indian solar developer Welspun Renewables has commissioned the construction of a massive solar plant in the state of Maharashtra. The planned 52-megawatt (MW) solar plant will be located in the city of Baramati. The...

Regional News from the July/August 2015 Digital Edition of Renewable Energy World

Renewable Energy World Editors EcoFasten Solar announced that it launched a new mounting "Rock-It System" that it would be displaying during Intersolar. Product compliance was determined through testing per UL Subject 2703, which reviews integr...

SkyPower Inks $2.2 Billion Deal for Massive Solar Power Plant in Kenya

Eric Ombok, Bloomberg Kenya’s Energy Ministry and SkyPower Global Ltd. will sign a $2.2 billion agreement on Sunday that paves the way for the Canadian company to develop a 1-gigawatt solar project in East Africa’s biggest economy. The solar pro...

Making a Match: How Solar Companies and Banks Hook Up

Jennifer Runyon The announcements are fairly frequent: SunPower Partners with Admirals Bank for $200 Million Solar Loan Program, Deutsche Bank to Lend $1 Billion for Japanese Solar Projects, Financing Partnerships Drive North Carolina's So...
Jim is Contributing Editor for RenewableEnergyWorld.com, covering the solar and wind beats. He previously was associate editor for Solid State Technology and Photovoltaics World, and has covered semiconductor manufacturing and related industries, ...

CURRENT MAGAZINE ISSUE

Volume 18, Issue 4
1507REW_C11

STAY CONNECTED

To register for our free
e-Newsletters, subscribe today:

SOCIAL ACTIVITY

Tweet the Editors! @megcichon @jennrunyon

FEATURED PARTNERS



EVENTS

Presenting at Infocast's Utility Scale Solar Summit 2015

Oct. 21, 2015 4:30-5:15pm Albie Fong, National Director, Solar Frontier ...

StartUp Green

AREI, American Renewable Energy Institute, in partnership with ...

Utility Scale Solar Summit 2015

Oct. 21, 2015 4:30-5:15pm Albie Fong, National Director, Solar Frontier ...

COMPANY BLOGS

Behind Every Good Decision

When something about your business isn’t working, you set out to c...

Clean Energy Patents Maintain High Levels in First Quarter, Solar L...

U.S. patents for Clean Energy technologies from the first quarter of 201...

An Overwhelming Paradox

I’m sure we’re all very familiar with the feeling of being o...

NEWSLETTERS

Renewable Energy: Subscribe Now

Solar Energy: Subscribe Now

Wind Energy: Subscribe Now

Geothermal Energy: Subscribe Now

Bioenergy: Subscribe Now  

 

FEATURED PARTNERS