星期六, 23 11 月, 2024
Home PV News Asia China's Suntech rebuffs U.S. solar complaint

China's Suntech rebuffs U.S. solar complaint

China's Suntech Power Holdings Co Ltd lashed out against an anti-dumping complaint filed by major U.S. solar energy corporations this week, saying "anyone can file one of these actions" and that it will conduct business as usual.


The world's largest maker of solar panels said on Thursday that the filing "is in no way a validation from the U.S. government as to the merits of the action."


On Wednesday, seven U.S. solar manufacturers asked the Obama administration to slap duties of more than 100 percent on China imports, which they said were unfairly undercutting U.S. prices and destroying American jobs.


The complaint — filed with the International Trade Commission and the U.S. Department of Commerce — against the world's no. 2 economy drew skepticism from within the industry, with many fearing a trade war could disrupt growth.


"Each individual company, including Suntech, will respond in accordance with ITC & DOC guidelines," Suntech said in a statement.


"As a global company listed on the NYSE, we are confident in our position and well-prepared to substantiate our strict adherence to fair international trade practices."


Shares in the Chinese company slid 3 percent to $2.02 in afternoon trade.


 

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

China CORNEX signed cooperation agreement with the Italian Cestari Group

On November 13, CORNEX signed a strategic cooperation agreement with the Italian company Cestari Group in Wuhan, Hubei Province, China. According to the agreement,...

Solar Leader Enphase Energy Cutting 500 Jobs

California-based Enphase Energy, a company known for its solar power and electric vehicle (EV) charging technology, announced it is laying off about 500 workers....

Cincinnati’s solar array powers city operations, tens of thousands of homes

A sprawling solar array in Highland County now powers 20% of Cincinnati's operations and tens of thousands of homes. Cincinnati’s 900-acre solar farm was completed...

1.2-GW solar panel assembly facility to open in Puerto Rico

A contract solar panel assembly facility will soon open in Aguadilla, Puerto Rico, that will supply the utility-scale market on the island and hopefully...