• 3 minutes Could Venezuela become a net oil importer?
  • 7 minutes Reuters: OPEC Ministers Agree In Principle On 1 Million Barrels Per Day Nominal Output Increase
  • 12 minutes Battle for Oil Port: East Libya Forces In Full Control At Ras Lanuf
  • 10 hours Could Venezuela become a net oil importer?
  • 2 hours Reuters: OPEC Ministers Agree In Principle On 1 Million Barrels Per Day Nominal Output Increase
  • 13 hours Tesla Closing a Dozen Solar Facilities in Nine States
  • 19 hours Saudi Arabia plans to physically cut off Qatar by moat, nuclear waste and military base
  • 10 hours Gazprom Exports to EU Hit Record
  • 13 hours Why is permian oil "locked in" when refineries abound?
  • 3 hours Oil prices going down
  • 11 hours EU Leaders Set To Prolong Russia Sanctions Again
  • 9 hours Could oil demand collapse rapidly? Yup, sure could.
  • 9 hours Oil Buyers Club
  • 13 hours EVs Could Help Coal Demand
  • 7 hours Saudi Arabia turns to solar
  • 1 day Teapots Cut U.S. Oil Shipments
  • 19 hours China’s Plastic Waste Ban Will Leave 111 Million Tons of Trash With Nowhere To Go
  • 41 mins Russia's Energy Minister says Oil Prices Balanced at $75, so Wants to Increase OPEC + Russia Oil by 1.5 mbpd
  • 1 day Battle for Oil Port: East Libya Forces In Full Control At Ras Lanuf
Serving The 2 Billion Unbanked: A New Trillion Dollar Market

Serving The 2 Billion Unbanked: A New Trillion Dollar Market

Fintech, alongside blockchain, has been…

What Will Follow The Age Of Oil?

What Will Follow The Age Of Oil?

Natural gas production is exploding…

China Angry About U.S. Tariff Hike On Solar Panels

China’s Ministry of Commerce on June 4 sharply criticized as protectionist a U.S. decision to raise tariffs on imports of Chinese-made solar panels by 35.2 percent.

In a statement on its website, the ministry said such practices by the U.S. Commerce Department, which had increased the tariff the day before, “would not solve the development problems of the U.S. solar industry.”

In fact, an investigation by the U.S. government and its decision to raise the tariff was based on a complaint by a German-owned solar panel maker, SolarWorld, which owns a factory in Hillsboro, OR. SolarWorld had complained that Beijing was sidestepping existing tariffs by manufacturing the cells in other countries, then assembling them in China.

In its announcement on June 3, the U.S. Commerce Department said the new tariffs will range from 18.56 percent to 35.21 percent, depending on the practices of each Chinese manufacturer. The decision is only preliminary, and a final decision is not expected until later this year, but the U.S. Customs Service can begin collecting the new duties immediately.

Related Article: Investing In Solar Power’s “Picks, Pans And Shovels”

Mukesh Dulani, the president of SolarWorld Industries America in Oregon, called the U.S. decision “a strong win for the U.S. solar industry. But U.S. reactions weren’t unanimously favorable. The Coalition for Affordable Solar Energy, which represents the users of imported panels, said it was “deeply disappointed” by the decision and called it “a major setback for the entire U.S. solar industry.”

Such groups previously have warned that higher tariffs simply make solar energy more expensive in the United States, slowing its adoption at a time when Americans are searching for alternatives sources of energy. Even so, the cost of solar energy has dropped dramatically in the past few years, in part because of rapidly increased production in China.

This is not the first time the United States has used tariffs to keep its indigenous solar technology competitive. In 2012, it imposed duties of up to 36 percent on panels made from Chinese solar cells. Washington argued that Beijing was giving unfair subsidies of Chinese manufacturers, who then dumped their products on the U.S. market at below the cost of making them.

By Andy Tully of Oilprice.com



Join the discussion | Back to homepage

Leave a comment
  • Rebecca Stone on June 10 2014 said:
    Can America ask for additional tax credits, incentives or tax holidays for the local American solar panel and micro-inverter manufacturers? This seems far easier. This could be the time to implement a major policy change calling for local solar generation receiving node support payments from the utility to local commercial and industrial installers of solar energy.

    It also seems time for a national law that forbids utilities from taxing new solar installations. There could be an amendment to the clean air act that protects and incentivizes solar energy. The concept could be enhanced. A new bill "Green Energy America Act" could be born.


    The Chinese will continue to drop prices for at least a decade. This seems similar to the microchip acceleration period for Intel.

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News