Chinese solar manufacturers could move their business elsewhere if the US implements an anti-subsidy tariff on the Asian-manufactured products.
Yingli Green Energy Holding Co. Ltd. commented on the potential legislation by the Department of Commerce. "We thank our loyal customers, suppliers, other valued business partners and their employees for their ongoing support as we continue to vigorously defend ourselves. As we stated in our testimony to the International Trade Commission, we are not dumping, nor do we believe that we are unfairly subsidized," said Robert Petrina, Managing Director of Yingli Green Energy Americas, Inc., the Company’s operating subsidiary in the US. "We will continue to fight for affordable solar energy and further growth of the tens of thousands of US solar jobs that we help to create. Regardless of the outcome of this proceeding, we remain dedicated to the US solar market."
The preliminary decision on the anti-subsidy side will be followed by another preliminary decision for anti-dumping, scheduled for May 16. No final tariff decisions will be made until the International Trade Commission completes its investigation as well, which is scheduled to occur before the end of 2012.
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