China Solar Lower Following Commerce Dept. Preliminary AD Investigation into Certain Crystalline Silicon PV Products (YGE) (TSL)

ingli Green Energy (NYSE: YGE), Trina Solar, ReneSola (NYSE: SOL), JinkoSolar (NYSE: JKS), Hanwha Solarone (Nasdaq: HSOL), and others are on watch following the Commerce Department's preliminary antudumping duty determinations on crystalline silicon photovoltaic products from China and Taiwan. The following is a release from trade.gov:

Last Friday, the Department of Commerce announced its affirmative preliminary determinations in the AD investigations of imports of certain crystalline silicon photovoltaic products (including cells, modules, laminates and/or panels) from China and Taiwan. The Department of Commerce currently has existing AD and countervailing duty orders on crystalline silicon photovoltaic cells, whether or not assembled into modules, from China. The scope of these investigations specifically excludes those products covered by the existing AD and CVD orders. Crystalline silicon photovoltaic cells typically form the basic element of solar panels, modules, and/or laminates but can be used in other products as well, including building-integrated materials.

The Department of Commerce preliminarily determined that certain crystalline silicon photovoltaic products from China and Taiwan have been sold in the United States at dumping margins ranging from 26.33 percent to 165.04 percent, and 27.59 percent to 44.18 percent, respectively.

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