Solar

ITC approves penalty rates on Chinese solar panels

solar energy ITC Chinese solar panels photovoltaic

The U.S. International Trade Commission on Nov. 7 found China responsible for harming the U.S. solar photovoltaic (PV) industry, allowing the U.S. to impose tariffs on Chinese solar companies.

The Commission voted unanimously to allow pre-determined penalty rates set by the Department of Commerce (DOC) to be collected for five years. The U.S. government will then re-evaluate whether the tariffs are still necessary and at what levels.

In October, the DOC determined that Chinese producers and exporters have sold solar cells in the U.S. at dumping margins ranging from 18.32 percent to 249.96 percent. Additionally, the DOC determined that Chinese producers and exporters have received countervailable subsidies of 14.78 percent to 15.97 percent.

Read more solar energy news