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US solar makers seek tariffs against India, Indonesia and Laos
US solar makers seek tariffs against India, Indonesia and Laos

The Star

time18-07-2025

  • Business
  • The Star

US solar makers seek tariffs against India, Indonesia and Laos

VIENTIANE (Bloomberg): US solar manufacturers said they have filed new trade petitions against India, Indonesia and Laos alleging illegal practices by largely Chinese-owned companies operating in those countries. The new anti-dumping and countervailing duty petitions were filed by the Alliance for American Solar Manufacturing and Trade, which includes First Solar Inc., Mission Solar Energy and Qcells. The trade group alleges China is flooding the market with unfairly cheap goods made in factories located in the three Asian countries. First Solar shares rose 4% to close at $173.54. The latest trade case adds new uncertainty to a US solar industry hit by tariffs and moves by President Donald Trump to arrest the growth of renewables. It also comes after the US slapped new duties on equipment made in Malaysia, Thailand, Vietnam and Cambodia. The US has seen a massive shift in its solar supply chain after a years-long investigation into tariff circumvention led to higher duties on solar equipment from the recently tariffed former top suppliers in Southeast Asia. As shipments from those nations shrank, Indonesia and Laos filled the gap. The two countries accounted for 44% of US cell and module imports in May, up from 1.9% in the same month last year, according to data from BloombergNEF. India has also seen solar exports to the US rise since mid-2022. "We have long written about the 'wack-a-mole' game of Chinese manufacturers shifting capacity' to countries outside of the four Southeast Asia countries recently hit with tariffs, wrote Philip Shen, an analyst with Roth Capital Partners. The trade petition triggers a process in which the US Department of Commerce investigates whether imports are unfairly priced or subsidized by a foreign government, while the US ITC determines whether those imports have injured the domestic industry. If successful, the cases could result in new duties. -- ©2025 Bloomberg L.P.

US solar companies file trade plea against India, Indonesia
US solar companies file trade plea against India, Indonesia

Time of India

time18-07-2025

  • Business
  • Time of India

US solar companies file trade plea against India, Indonesia

Representative photo US solar manufacturers said they have filed new trade petitions against India, Indonesia and Laos alleging illegal practices by largely Chinese-owned companies operating in those countries. The new anti-dumping and countervailing duty petitions were filed by the Alliance for American Solar Manufacturing and Trade, which includes First Solar, Mission Solar Energy and Qcells. The trade group alleges China is flooding the market with unfairly cheap goods made in factories in the three Asian countries. The latest trade case adds new uncertainty to a US solar industry hit by tariffs and moves by President Donald Trump to arrest the growth of renewables. It also comes after the US slapped new duties on equipment made in Malaysia, Thailand, Vietnam and Cambodia. The US has seen a massive shift in its solar supply chain after a years-long investigation into tariff circumvention led to higher duties on solar equipment from the recently tariffed former top suppliers in Southeast Asia. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now

Dumping allegations: US solar panel manufacturers want tariffs on India, Indonesia & Laos imports; aim to protect billions of dollars of investment
Dumping allegations: US solar panel manufacturers want tariffs on India, Indonesia & Laos imports; aim to protect billions of dollars of investment

Time of India

time17-07-2025

  • Business
  • Time of India

Dumping allegations: US solar panel manufacturers want tariffs on India, Indonesia & Laos imports; aim to protect billions of dollars of investment

Representative image A coalition of leading US solar panel manufacturers has filed a formal petition urging the US commerce department to impose tariffs on solar imports from India, Indonesia, and Laos. The group alleges that producers in these countries are flooding the American market with artificially low-priced solar panels, harming the domestic solar manufacturing industry. According to a Reuters report, the petition, submitted on Thursday by the Alliance for American Solar Manufacturing and Trade, includes major industry players such as First Solar, Qcells (Hanwha's solar division), Talon PV, and Mission Solar. The alliance claims companies in the three countries are selling solar products below production costs and are benefiting from unfair government subsidies. According to the petitioners, Chinese-owned manufacturers have shifted operations to Indonesia and Laos to circumvent existing US tariffs on imports from other Southeast Asian countries. Indian manufacturers are also accused of dumping low-cost panels into the US market. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Many Are Watching Tariffs - Few Are Watching What Nvidia Just Launched Seeking Alpha Read More Undo The group highlighted a dramatic rise in solar imports from India, Indonesia, and Laos — jumping from $289 million in 2022 to $1.6 billion in 2023. The surge has raised concerns among US solar producers about the impact on recent investments aimed at boosting domestic solar manufacturing. "We have always said, vigorous enforcement of our trade laws is critical to the success of this industry,' said Tim Brightbill, lead attorney for the petitioners. US solar manufacturing and inflation reduction act While the majority of solar panels installed in the US are still imported, American manufacturing capacity has expanded significantly since the passage of the Inflation Reduction Act (IRA) in 2022. The law provides tax credits to boost domestic clean energy production and reduce dependence on Chinese-made solar panels. The US now has around 50 gigawatts of solar panel production capacity, up from 7 GW in 2020. However, demand continues to outpace supply, with installations expected to reach nearly 43 GW annually through 2030, according to the Solar Energy Industries Association (SEIA). Next steps: Commerce department review The US department of commerce has 20 days to decide whether to launch an investigation into the alleged dumping and subsidy practices. If it proceeds, the case could lead to new tariffs within a year, depending on the outcome of the investigation. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now

US Solar firms file trade petition against India over cheap imports
US Solar firms file trade petition against India over cheap imports

Business Standard

time17-07-2025

  • Business
  • Business Standard

US Solar firms file trade petition against India over cheap imports

US solar manufacturers said they have filed new trade petitions against India, Indonesia and Laos alleging illegal practices by largely Chinese-owned companies operating in those countries. The new anti-dumping and countervailing duty petitions were filed by the Alliance for American Solar Manufacturing and Trade, which includes First Solar Inc., Mission Solar Energy and Qcells. The trade group alleges China is flooding the market with unfairly cheap goods made in factories in the three Asian countries. First Solar shares rose as much as 5.4 per cent. The latest trade case adds new uncertainty to a US solar industry hit by tariffs and moves by President Donald Trump to arrest the growth of renewables. It also comes after the US slapped new duties on equipment made in Malaysia, Thailand, Vietnam and Cambodia. The US has seen a massive shift in its solar supply chain after a years-long investigation into tariff circumvention led to higher duties on solar equipment from the recently tariffed former top suppliers in Southeast Asia. As shipments from those nations shrank, Indonesia and Laos filled the gap. The two countries accounted for 44 per cent of US cell and module imports in May, up from 1.9per cent in the same month last year, according to data from BloombergNEF. India has also seen solar exports to the US rise since mid-2022. The trade petition triggers a process in which the US Department of Commerce investigates whether imports are unfairly priced or subsidized by a foreign government, while the US ITC determines whether those imports have injured the domestic industry. If successful, the cases could result in new duties.

US solar panel makers urge tariffs on Indian imports amid ongoing talks over India-US trade deal. Here's why
US solar panel makers urge tariffs on Indian imports amid ongoing talks over India-US trade deal. Here's why

Mint

time17-07-2025

  • Business
  • Mint

US solar panel makers urge tariffs on Indian imports amid ongoing talks over India-US trade deal. Here's why

A group of US solar panel manufacturers has urged the Commerce Department to impose anti-dumping and countervailing duties on imports from India over allegations that Indian manufacturers are dumping cheap goods in the United States to undermine domestic producers, according to a report by news agency Reuters, citing a statement. The group has sought similar duties in Indonesia and Laos. The petition, filed by the Alliance for American Solar Manufacturing and Trade, is the most recent attempt by the small US solar manufacturing sector to secure trade relief. It aims to protect billions of dollars of investments and compete against products primarily made by Chinese companies abroad. The Alliance for American Solar Manufacturing and Trade includes First Solar, Hanwha's Qcells, Talon PV, and Mission Solar. The group earlier succeeded in securing tariffs on imports from Southeast Asian countries such as Malaysia, Cambodia, Vietnam, and Thailand. These tariffs were imposed earlier this year, causing some global producers to shift production to Indonesia and Laos. Both countries filled the import gap as shipments from other South Asian countries fell. In May, Indonesia and Laos made up 44 per cent of US cell and module imports, a significant increase from 1.9 per cent in the same month last year, according to data compiled by Bloomberg. India's solar exports to the US have risen since mid-2022. "We have always said, vigorous enforcement of our trade laws is critical to the success of this industry,' Tim Brightbill, lead attorney for the petitioners, was quoted by Reuters. The latest trade petition has initiated a process where the US Department of Commerce probes whether imports are unfairly priced or subsidised by a foreign government, and the US International Trade Commission decides whether those imports have harmed the domestic industry. New duties may be imposed if the allegations are proven right, Bloomberg News reported.

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