U.S. Goes from Net Exporter to Net Importer of Solar Products in One Year;

The United States' once-vaunted solar-industry trade surplus with China disappeared between 2010 and 2011, according to findings released today by the Coalition for American Solar Manufacturing (CASM). The U.S. solar industry had an estimated $1.6 billion trade deficit with China in 2011, after enjoying an estimated $250 million to $540 million surplus in 2010. CASM's findings are based on data from the U.S. Department of Commerce and the U.S. International Trade Commission (ITC), as well as a prior study by GTM Research.

"This new data, drawn from official government sources, finally buries the Chinese importers' tired, shop-worn and factually incorrect talking point that the U.S. solar industry has a trade surplus with China," said Gordon Brinser, president of SolarWorld Industries America Inc., the largest U.S. manufacturer of solar cells and panels. "Chinese importers often claim that the modest U.S. trade surplus in 2010 proved that China is not threatening the U.S. solar industry and economy. But it is no longer 2010, and any trade surplus is history. Illegal dumping by massively subsidized Chinese solar producers, combined with curbed exports of polysilicon and manufacturing equipment, are decimating U.S. solar manufacturers, the supply chain and their export business."

Read Full Press Release here:
 

Comments (0)

This post does not have any comments. Be the first to leave a comment below.


Post A Comment

You must be logged in before you can post a comment. Login now.

Featured Product

SMA America - Introducing the New Sunny Boy 5.0/6.0-US

SMA America - Introducing the New Sunny Boy 5.0/6.0-US

The Sunny Boy 5.0-US / 6.0-US features a wealth of improvements and joins SMA's lineup of field-proven solar technology backed by the world's #1 service team. The world's first Secure Power Supply now delivers up to 2,000 W of opportunity power when the grid goes down and the sun is shining. Installation has never been easier thanks to SMA's Installation Assistant, direct access via smartphone, and integrated DC disconnect. The Sunny Boy's multiple independent input channels, each with SMA's OptiTrac™ Global Peak, mean hundreds of stringing configurations for flexible system design while solving the challenges of complex roofs and shading. The residential PV market is changing rapidly, and we understand that your bottom line matters more than ever. That's why we've designed a superior residential solution that will help you decrease costs throughout all stages of your business model. The Sunny Boy 5.0-US and 6.0-US are once again raising the bar by offering improved performance, enhanced features, and most importantly, cost savings across the entire spectrum of residential installation processes.