If US solar manufacturers were looking to recently upheld trade tariffs to provide relief from the onslaught of low-priced Chinese panels that has decimated the US industry, they may be disappointed, industry participants said.
Duties of 24 to 36 percent on most solar panels imported from China, as confirmed by the US International Trade Commission in early November, are not expected to drive up prices or make US manufacturers more competitive because of a loophole in the regulation that allows low-cost Chinese producers to avoid the tariffs if they make the solar assemblies outside China. Keep reading →
Amid rising gasoline prices at filling stations across the US, energy prices are still too cheap to force dramatic changes in consumption, Shell’s chief executive said recently.
Peter Voser told Silicon Valley investors at a dinner held by the Churchill Club: “For certain things energy prices need to go up otherwise the behavior will not change. Keep reading →
Solar trade tariffs released today in a preliminary ruling from the US government were much lower than expected and would disappoint petitioners trying to block cheap Chinese photovoltaic imports, said industry advocates.
The Department of Commerce announced its preliminary determination in the countervailing duty (CVD) investigation of imports of crystalline silicon photovoltaic cells from China, which was initiated last year at the request of SolarWorld Industries America, the largest PV manufacturer in the US. Keep reading →
As technology improves the world grows smaller and as it does energy markets have become more intertwined than ever before.
Its no longer unusual for an American company to invest in Turkey or for a European company to manufacture in Asia. But even as globalization has opened opportunities for investors and entrepreneurs, it has added–at times this year–crippling pressures on sectors of the energy industry. Keep reading →
When global demand for solar photovoltaic (PV) panels tapered off this year, Chinese manufacturers were left with stockpiles of supply just waiting to be sold.
When these manufacturers began “dumping” their supply into the American market, prices for panels suddenly plummeted and companies like Solyndra felt the effects. One German solar manufacturer, SolarWorld, decided to take action by filing an anti-trade legislation with the US government. Keep reading →