Ed Lebow in PVTECH: Jefferies report - Solar dumping trends spell bad news for US manufacturers


Higher module prices and lower demand will ensue for US-based cell and module manufacturers if countervailing duties are imposed in March 2012, according to a report by industry analyst company Jefferies. US companies, already undergoing financial difficulties given the market slowdown, will be greatly affected by the action, which could spell good times ahead for Taiwanese cell suppliers as Chinese module manufacturers attempt to dodge the stipulations of the countervailing duties by making their modules in other countries.

Ed Lebow, head of the international trade practice at Haynes and Boone LLP and principal author of the ITC’s regulations implementing the anti-dumping and countervailing duty laws, was quizzed on the possible repercussions on the Jefferies call. Mr. Lebow has several years of experience serving as Assistant General Counsel of the US International Trade Commission, representing both foreign and domestic companies over the years.

According to Lebow, it looks likely that Taiwanese cell suppliers and companies such as First Solar – a major competitor of Chinese moduling companies – will benefit from the action. Although thin-film companies have been excluded from the “industry definition”, the Jeffries report concluded that: “the ITC is more likely to include thin film in its analysis than any upstream or downstream businesses.”

Excerpt from PVTECH, Nov. 10, 2011. To view the full article, click here.

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