Yingli Green Energy Responds to US Department of Commerce's Decision on Tariffs for Chinese Solar Cells

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Yingli Green Energy
YGE
today commented on the final countervailing duty ("CVD") and anti-dumping ("AD") rulings by the Department of Commerce regarding the import of Chinese PV cells and modules to the United States. According to the decision, solar modules produced in China containing solar cells originating from a third country are not subject to CVD and AD tariffs. Should Yingli Green Energy export modules or cells produced entirely in China to the U.S. they would be part of the separate rates group, and would be subject to an anti-dumping tariff of 15.42% (after the required reduction in the rate to avoid double counting of anti-subsidy tariffs), and an anti-subsidy tariff of 15.24%. These rates are lower than what was proposed in the preliminary decision. "Throughout this entire proceeding we have defended ourselves and the U.S. solar industry and we are grateful to our loyal customers, suppliers, partners and their employees who have united in our
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Posted In: NewsGuidanceManagementGlobal
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