Seeking Alpha

Begun, the solar trade wars have. The Chinese government has reportedly made a preliminary...

Begun, the solar trade wars have. The Chinese government has reportedly made a preliminary decision to impose tariffs of 30%-50% on U.S., European, and South Korean solar polysilicon imports as of Q1. China recently launched a probe on the matter following the U.S. ITC's imposition of tariffs on Chinese solar module imports on anti-dumping grounds, and the start of an EU investigation that could lead to the same. MEMC (WFR) is a major U.S.-based polysilicon supplier. (price declines)
Comments (2)
  • "A long time ago in a galaxy far, far away...."

     

    P
    11 Dec 2012, 05:06 PM Reply Like
  • Looks like the marriage of convenience is turning into a nasty divorce. As long as there is no technological breakthrough on the solar sector in the US, the domestic solar business will be behind China.
    The US solar industry has been banking on finding "cheaper" solutions, the only problem is that the "cheaper" from 3 years ago is now the more expensive or in the case of Solyndra, never made it to the market.
    The US solar consumer will feel cheated.
    11 Dec 2012, 05:51 PM Reply Like
DJIA (DIA) S&P 500 (SPY)