One Year After Winning Trade Ruling, SolarWorld Works to Finish Job of Restoring U.S. Competition

  One Year After Winning Trade Ruling, SolarWorld Works to Finish Job of
  Restoring U.S. Competition

Actions counter China’s ongoing erosion of U.S. manufacturing industry

Business Wire

HILLSBORO, Ore. -- December 31, 2013

SolarWorld announced today that it is taking further steps to counter ongoing,
anticompetitive trade practices that the U.S. government conclusively
determined one year ago were unfairly harming the U.S. domestic solar
industry. The largest U.S. producer for more than 35 years, the company said
it was acting on behalf of the domestic industry as a whole, with support from
a broad coalition of installers and other industry businesses, and in the
interest of the promising future of an industry and technology pioneered in
America.

Today, the company submitted anti-dumping and anti-subsidy cases with the U.S.
International Trade Commission and the U.S. Department of Commerce against
China and Taiwan to close a loophole in trade remedies issued a year ago this
month. The loophole enables Chinese producers to evade duties averaging about
31 percent by assembling modules from cells manufactured in third countries.
As a result, the company said, China has continued to improperly subsidize its
export-intensive campaign and sell below production costs in the U.S. market
to seize market share. Research, including a National Renewable Energy
Laboratory report, concludes China has no solar production cost advantage.

“We’re finishing the job of presenting the facts to our trade regulators to
prevent China from further damaging yet another manufacturing industry and
another rich base of employment,” said Mukesh Dulani, president of SolarWorld
Industries America Inc., based in Oregon. “China obviously recognizes the key
importance of solar-technology manufacturing to future economic
competitiveness. But we do, too. Therefore, we are once again simply asking
our trade regulators to investigate the facts and apply the well-established
laws that enable fair trade, robust competition and lower long-term pricing.
If fair competition can be restored, the U.S. industry will return to growth.”

SolarWorld is acting not only on behalf of the domestic industry but also with
support from the Coalition for American Solar Manufacturing, a broad
cross-section of solar employers united in their support for free and fair
trade according to international laws and rules, sustainable manufacturing
according to the West’s high environmental and quality standards, and domestic
manufacturing industry and employment for Americans. All told, CASM’s 241
member organizations employ about 18,350 Americans. Since SolarWorld filed the
first cases, China’s anti-competitive campaign has forced a number of
additional CASM members out of business.

About SolarWorld

SolarWorld AG manufactures solar power systems and in doing so contributes to
a cleaner energy supply worldwide. The company, located in Bonn, employs
approximately 2,500 people and carries out production in Freiberg, Germany,
and Hillsboro, USA. From raw material silicon to the solar module, SolarWorld
manages all stages of production ‒ including its own research and development.
Through an international distribution network, SolarWorld supplies customers
all over the world with solar modules and complete systems. The company
maintains high social standards at all locations across the globe, and has
committed itself to resource- and energy-efficient production. SolarWorld has
been publicly traded on the stock market since 1999. More information at
www.solarworld-usa.com

Contact:

SolarWorld Industries America Inc.
Ben Santarris, Strategic Affairs Director
Mobile: 503-927-9858
Office: 503-693-5189
Ben.Santarris@SolarWorld-USA.com
 
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