International Trade Commission finds injury in solar industry dispute by Brooks Hays Washington (UPI) Sep 22, 2017 The International Trade Commission has found injury in a suit filed by Suniva and SolarWorld, a pair of struggling, foreign-owned, U.S.-based solar cell companies who claim foreign imports have unfairly harmed their bottom lines. ITC judges voted four to zero to advance the suit into the remedy phase. While it's not yet clear what the commission will recommend, the two companies have requested a tariff of 40 cents per watt for foreign-made solar cells, as well as a price floor for solar cells manufactured in the United States. Such a remedy, should it be granted by the ITC and enforced by the U.S. government, could reverse years of economic growth in the domestic solar industry. Solar is the fastest growing new energy sector in the United States, and the technology has been getting cheaper every year. "The ITC's decision is disappointing for nearly 9,000 U.S. solar companies and the 260,000 Americans they employ. Foreign-owned companies that brought business failures on themselves are attempting to exploit American trade laws to gain a bailout for their bad investments," Abigail Ross Hopper, president and CEO of the Solar Energy Industries Association, said in a news release. "Analysts say Suniva's remedy proposal will double the price of solar, destroy two-thirds of demand, erode billions of dollars in investment and unnecessarily force 88,000 Americans to lose their jobs in 2018." Suniva and SolarWorld claim their tariff petition will actually result in an increase in solar industry jobs in the United State. According to an economic analysis done by Mayer Brown, a law firm representing the two companies, a tariff on solar cell imports could generate as many as 144,300 new jobs. Others in the industry have strongly protested such a positive projection. "If we're talking about a 40 cent per watt increase... it would take out a lot of projects," Morten Lund, an attorney for Stoel Rives who represents SolarWorld in matters not related to the tariff petition, told Greentech Media. In April, Suniva, a Chinese-ownded, Atlanta-based company, filed for bankruptcy. The company operates solar cell manufacturing factories in Georgia and Michigan. SolarWorld, a German-owned company with a plant in Oregon, is also struggling financially. SEIA and a variety of solar companies they represent have complained -- to the press and directly to ITC judges -- that the problems of Suniva and SolarWorld are a result of mismanagement, not imported solar cells. SEIA and its allies have also complained that the failing duo don't have plans in place to explain how they'll become viable companies once trade protections are in place. "To our knowledge, no domestic industry has ever been granted import relief under the safeguard law without first having publicly explained how it would restructure," Hopper said. But having heard those complaints, the ITC has decided Suniva and SolarWorld were injured by imports. The ITC will hold a hearing to consider tariffs and other remedies on Oct. 3. Their recommendations for remediation are due on President Trump's desk by Nov. 13. "We're hopeful that the president will make a strong proclamation on remedy, and we're hopeful that the industry can move forward together to expand and strengthen solar manufacturing here in America," SolarWorld's attorney Timothy Brightbill told GTM.
Chicago IL (SPX) Sep 21, 2017 Over the past half-century, scientists have shaved silicon films down to just a wisp of atoms in pursuit of smaller, faster electronics. For the next set of breakthroughs, though, they'll need novel ways to build even tinier and more powerful devices. A study led by UChicago researchers, published Sept. 20 in Nature, describes an innovative method to make stacks of semiconductors just a fe ... read more Related Links All About Solar Energy at SolarDaily.com
|
|
The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us. |