Germany Solar Energy Panel By media-cache-ec0.pinimg.com
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Sunpower, like rival SunEdison Inc, has been benefiting from strong demand for residential solar panel installation, fueled largely by cheap panel prices, particularly those made in China. "Our residential business was our best performing segment for the Click to share on Twitter (Opens in new window) Click to share on Google+ (Opens in new window) Share on Facebook (Opens in new window) Click to share on Pinterest (Opens in new window) People fill out applications for solar panel company Chinese global Over the past few years, China has utterly dominated the global solar industry. Firms like Suntech, Trina, and Yingli have received hefty government subsidies to sell photovoltaic panels at ever-shrinking prices and capture 80 percent of the global solar already limited sales of Chinese solar panels to the United States, to the point that they account for a little less than a tenth of the Chinese industry’s worldwide sales. Steven Han, a solar industry analyst at SWS Research, an investment analyst NEW YORK (CNNMoney) -- A move designed to punish Chinese solar panel makers that charge unfairly low prices in the United States could, ironically, end up hurting American-based solar panel installers, a fast-growing sector of the green economy. Last week The Commerce Department on Tuesday slapped heavy new tariffs on importers of Chinese solar panels, ranging from about 19 to 35 percent. The import tariffs apply to panels made by six major Chinese manufacturers, even if the panels are actually assembled .
WASHINGTON — The Obama administration ordered tariffs of 31% and higher on solar panels imported from China, escalating a simmering trade dispute with China over a case that has sharply divided American interests in the growing clean-energy industry. Workers mak their way along a solar panel field in China. The U.S. Commerce Department on Wednesday issued a final ruling calling for stiff tariffs on solar panels imported from China. (Photo: AFP/Getty Images) The Commerce Department issued a final ruling China’s solar panel manufacturers, after producing at excess capacity and driving global prices down for the last few years, are now facing an uncertain future, at best, as demand plummets and the EU imposes a tariff on their products. Consider Suntech Australia’s only remaining solar PV panel manufacturer, the Adelaide-based Tindo Solar, has called on the federal government to enforce anti-dumping legislation to stop the flood of cut-price panels from China conventional solar panels (that market .
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