Anti-dumping allegation, ABOUT DAMN TIME!

[boutons_deux]

China shelves U.S. solar project in trade row

China's largest solar power plant developer has put a planned $500 million U.S. project on hold over an anti-dumping trade dispute, the company's general manager said on Monday.

CECEP Solar Energy Technology Co Ltd, a unit of the state-owned giant China Energy Conservation and Environmental Protection Group, said a planned installation of China-made panels to generate solar power in California, New Jersey and Texas would be made uneconomic by U.S. anti-dumping moves.

"If the solar panel prices increase by, say 30 percent, in the United States, following the move, then we would certainly drop the plan because there's no profit to be made," Cao Huabin, the general manager of CECEP Solar Energy, told a news conference in Beijing.

Prices of solar panels in the project, which account for about 70 percent of the costs, are set to jump if Washington imposes duties on imported Chinese products that U.S. rivals say breach agreed global trade rules

http://www.reuters.com/article/2011/...7A61OL20111107

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Renewable energy: US probe 'protectionism,' China says

China criticized a U.S. decision to investigate whether Chinese companies are harming the American solar panel industry, saying it was made without sufficient evidence and highlights a strong U.S. tendency for protectionism.
Related stories

The U.S. International Trade Commission voted Friday to investigate a complaint by seven U.S. solar companies that Chinese compe ors are selling solar products on global markets at unfairly low prices.

The vote does not impose any penalties but says there is reason to believe that Chinese imports harm or threaten to harm the U.S. solar panel industry.

http://www.csmonitor.com/Business/La...=Google+Reader

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Many US PV panel importers/installers have built their businesses on Chinese PV panels. They Buy Subsidized Chinese rather than Buy American.