The U.S.-China solar trade dispute has been going on for a while and has so far shown little sign of being settled.
Last week, in the latest episode of the solar trade wars, the World Trade Organization (WTO)ruled that some punitive U.S. import duties on Chinese solar panels and other products violate global trade rules.
The World Trade Organization rules that some U.S. tariffs on Chinese solar panels violate global trade agreements. Many in the industry oppose the tariffs on the grounds they will hurt U.S. solar development and jobs.
The solar industry is dominated by statistics showcasing the Asia-Pacific Region’s dominance, thanks primarily to China’s massive output and demand. However, according to statistics published by Wiki-Solar on Tuesday show that the US overtook China as the world leader in utility-scale solar capacity.
Suntech intends to appeal the decision of NYSE Regulation to commence delisting proceedings of the company’s American Depositary Shares.
Suntech’s filing for provisional liquidation with the Grand Court of the Cayman Islands is granted, and the Chinese solar company selects PricewaterhouseCoopers to support restructuring of the firm.
[Updated 09/24/2013, 2:00pm] SEIA offers a compromise between U.S. and Chinese solar industries to end the ongoing trade tensions. The proposal promotes a fair and negotiated settlement of outstanding issues; benefits end users; and encourages the rise of solar energy in the United States and globally.
Xinjiang Daqo New Energy signs long-term contracts with three Chinese wafer manufacturers to provide them with monthly supplies of polysilicon.
China’s Commerce Ministry announces 6.5% tarrif on U.S. polysilicon. The tariff comes on top of the existing anti-dumping duties of 53.3-57% on U.S. polysilicon announced earlier this year.