The preliminary determination to countervailing duties on cells from corporations in Vietnam, Cambodia, Malaysia and Thailand is decrease than some anticipated for a lot of massive Chinese producers.
From pv journal USA
The US Department of Commerce introduced a preliminary determination on countervailing duties on photo voltaic cells imported by corporations in Vietnam, Cambodia, Malaysia and Thailand.
Some of the tariffs are a lot decrease than first thought, for instance, Philip Shen, an analyst at Roth Capital Partners stated in a be aware that he expects duties of round 15%.
Commerce experiences that the duties are as follows:
- Vietnam 2.85%
- Cambodia 8.25%
- Malaysia 9.13%
- Thailand 23.06%
Tariffs for imported photo voltaic parts from these corporations have been suspended since 2022 and are set to run out in June 2024. A petition signed by the coalition of the American Alliance for Solar Manufacturing Trade Committee was filed in late April 2024 and, on May 15, 2024, the US International Trade Commission and the Department of Customs introduced that an investigation can be launched into suppliers from 4 international locations in Southeast Asia.
Companies signing the petition embrace First Solar, Qcells, Meyer Burger, REC Silicon, and others investing in US photo voltaic manufacturing capability. The petitioners say the U.S. photo voltaic “manufacturing renaissance” is threatened by closely sponsored Chinese cells and modules.
“China’s unfair and unlawful commerce practices are flooding the market with discarded photo voltaic panels, undermining the flexibility of the US to compete,” the group stated. Solar module costs have fallen by greater than half prior to now 12 months to report lows, in keeping with on-line photo voltaic buying and selling platform pvXchange.
If U.S. photo voltaic builders sourced 55% of residence photo voltaic provides, 900,000 U.S. jobs can be supported by 2035, the petitioners say. They added that “onshoring” the photo voltaic provide chain may cut back photo voltaic emissions by 30%.
“This preliminary dedication exhibits that we’re nonetheless very early in these investigations, and we hope that the ultimate dedication will mirror the true hurt these imports are bringing to US manufacturing,” stated Tim Brightbill, accomplice of Wiley Rein and lead counsel for the petitioners. “We are assured that responsibility charges will improve as Commerce continues to analyze new alleged subsidies. It is our understanding that producers in all 4 international locations are nonetheless answering the detailed questions required in these instances that may have an effect on the ultimate findings. “
The coalition of the American Alliance for Solar Manufacturing Trade Committee stated in a press release that the preliminary dedication represents just one facet of the efforts of American corporations searching for to revive truthful commerce within the US market, and to guard the billions of {dollars} of funding in new American photo voltaic manufacturing. . The subsequent step is preliminary anti-dumping determinations, scheduled for late November.
Opponents of the measure say that if the Department of Commerce implements the tariffs proposed by the group, it’ll result in the United States paying thrice the worldwide value for photo voltaic panels. ACORE (American Council on Renewable Energy) president and Chief Executive Officer Ray Long stated a discovering of violation of AD/CVD “may inadvertently hand over US management within the photo voltaic business to different international locations .”
A second preliminary determination within the anti-dumping case is predicted in November.
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