The US Department of Commerce found in a preliminary determination that India, Indonesia and Laos have been exporting solar cells and modules into the domestic market at unfairly low prices, according to a statement from the Alliance For American Solar Manufacturing.
* Preliminary anti-dumping duty margins are 123.04% for all
Indian producers, 35.15% for all Indonesian producers and 22.46% for all Laotian producers.
* Combined with earlier US countervailing duty determinations, the combined duties will be about 234% for India, 121% to 178% for Indonesia and 103% for Laos.
* Preliminary anti-dumping duties will now be imposed and cash deposits collected to offset the unfair pricing margins
identified by Commerce.
* US Department of Commerce didn’t immediately respond to
request for comment.
* The decision “appears to be an incremental positive” for First Solar and T1 Energy, “though our sense is that much of the US-bound capacity from these countries has already shifted to other nations,” Phil Shen, a Roth analyst, wrote in a research note Thursday.
* NOTE: US Sets Initial Duties on Indian Solar Imports at 126%.