Trouble brewing? Doesn't look good after U.S. manu
Post# of 12590
Instead getting in bed with Vietnam OEM tied to its Chinese parent company?
https://www.eenews.net/articles/biden-hikes-s...ort-probe/
Quote:
New Commerce probe
The administration is taking other actions that could affect solar manufacturing. On Wednesday, the International Trade Commission and Commerce Department formally opened investigations into allegations that Chinese companies are engaging in illegal trade practices through operations in the four Southeast Asian countries.
The probe, which is expected to last through the end of the year, could lead to additional solar tariffs.
The investigation was sparked by an antidumping and countervailing duties petition filed in late April by a coalition of seven solar manufacturers, including Hanwha Qcells and First Solar.
They alleged subsidized solar imports from Malaysia, Cambodia, Thailand and Vietnam are making it difficult for U.S. companies to compete. The seven companies are seeking new tariffs ranging from 70 to 271 percent on solar cells from the four countries.
The ITC will make a preliminary assessment on whether Southeast Asian imports are harming U.S. solar manufacturers in early June. Commerce’s determination is expected in early October.
Looked like alot of GEP Vietnam solar panels dumped in their own warehouses after they set up their GEP New Energy USA company in October 2022.
No wonder there's a new non-disclosed solar panel side company (SolRay) for the Snpw ceo?
in my opinion
cheers