In May 2017, Suniva, Inc., a Georgia-based manufacturer of crystalline silicon cells and modules, filed a petition with the International Trade Commission (ITC). It was filed under Section 201 of the Trade Act seeking relief from “foreign manufactured crystalline silicon photovoltaic (“CSPV”) cells and modules.
Suniva is asking the U.S. to place tariffs on international cells and modules made with foreign cells.
Suniva’s request calls for a tariff of 40 cents per watt for solar cells produced outside the U.S. and a floor price of 78 cents per watt for panels, including foreign-made cells.
SQN Capital Management, an investment firm to whom Suniva owes more than $50 million, is bankrolling the company’s ITC petition. As Suniva’s largest creditor, SQN is trying to sell off Suniva’s manufacturing equipment. In a letter to the China Chamber of Commerce for Import and Export of Machinery and Electronic Products, SQN said that if the assets were purchased then the trade case would be dropped.
source: http://www.seia.org/policy/international-trade
Solar remains a smart and beneficial investment for many energy users in DC, MD, and VA.
What you could do: http://www.seia.org/sites/default/files/SEIA-SASJ-WhatYouCanDo.pdf
Factsheet of the Tradecase: http://www.seia.org/sites/default/files/Suniva-Trade-Case-Membership-Factsheet_SEIA_6-15-2017-final.pdf
