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United States Department of Commerce on July 8 concluded its final ruling of the review of the anti-dumping and countervailing (AD/CVD) measures on certain Chinese photovoltaic (PV) cell imports and ruled to raise the tariff rates set in 2012. This decision will put pressures on Chinese module exporter while giving competitive advantages to Taiwanese companies.
At the start of this year, the United States Department of Commerce conducted a preliminary review of the anti-dumping and countervailing (AD/CVD) measures against Chinese photovoltaic (PV) cell imports for 2012 and reduced the overall tariff rate from 30% to 17.5%. Consequently, advantages are lost for Taiwanese cell manufacturers facing tariff rates between 11.45% and 27.55%. Cell prices since then have also seen a steady decline.
Earlier in May, American electric car maker Tesla Motors Inc. made a splash in the energy sector when it revealed a new type of lithium battery packs for home and enterprise applications. Tesla touted its new line of energy storage systems, known as Power Wall, would fundamentally change the way the world uses energy and get the world’s consumption of power down to zero carbon levels.
The latest photovoltaic (PV) price update by EnergyTrend, a division of TrendForce, shows the downstream sector of the industry has been seeing brisk orders since the start of June. Stock up demands for this month also starts to pick up following this turnaround.
On May 29, the European Commission (EC), the executive body of the European Union (EU) released a list of the Taiwanese and Malaysian photovoltaic (PV) manufacturers that are being investigated for helping Chinese PV manufacturers to circumvent PV cell and module tariffs. This list contains approximately 80 companies between the two countries.
