The US Department of Commerce upheld anti-dumping tariffs as high as 238.95% on imports of solar photovoltaic (PV) products made and assembled in China.
In a review of the tariffs set in December 2012 the Department of Commerce has also set anti-subsidy rates of 23.28%, according to a statement published today on China’s Ministry of Commerce.
Final anti-dumping and anti-subsidy rates on Chinese solar firms may vary for certain companies that are specifically listed.
Chinese sector major Yingli Green Energy Holding Co Ltd (NYSE:YGE) is one of them.
At 21.73%, the manufacturing affiliates of Yingli got the lowest combined tariff rate among its peers, lower than the company’s original combined anti-dumping and countervailing duty rate of 29.18% from 2012.
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Ivan is the mergers and acquisitions expert in Renewables Now with a passion for big deals and ambitious capacity plans.