China Solar Cells: Prelim CV Rates Announced

The International Trade Administration issued a fact sheet on March 20, 2012 announcing its affirmative preliminary determination in the countervailing duty investigation of crystalline silicon photovoltaic cells, whether or not assembled into modules from China (C-570-980). According to the ITA’s fact sheet, the mandatory respondents Wuxi Suntech Power Co., Ltd. and Changzhou Trina Solar Energy Co., Ltd. received preliminary CV rates of 2.9% and 4.73%, respectively. All other Chinese producer/exporters received a preliminary CV margin of 3.61%. As a result of the preliminary determination, the ITA will instruct U.S. Customs and Border Protection to collect a cash deposit or bond based on these preliminary rates.