May 14 (Bloomberg) -- Australia started an investigation into allegations Chinese solar companies dumped panels in the local market, the latest nation to join a global dispute over sales of photovoltaic equipment below cost.
The probe will examine imports of crystalline-silicon photovoltaic panels imported from July 1, 2012 to December 31, 2013, Australia’s Anti-Dumping Commission said in a statement today on its website.
An application by Tindo Solar Pty., a producer based in Mawson Lakes, South Australia, triggered the investigation, according to the statement. Affected parties must make submissions by June 23, the commission said.
Australia is the latest nation to probe dumping allegations against Chinese solar makers as overcapacity and declining profits drive consolidation in the industry. The U.S. imposed tariffs as high as 3½ times on Chinese solar products in 2012 and the European Union followed a year later with protectionist measures.
India is considering duties after finding this week U.S., Chinese, Taiwanese and Malaysian companies dumped solar products below cost. The U.S. is considering expanding tariffs to panels from Taiwan.
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