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Chinese solar products 'benefit' US too

By CHENG GUANGJIN AND LIU YIYU | 皇冠体育app Daily | Updated: 2011-11-12 12:47

WASHINGTON / NEW YORK - 皇冠体育app has driven down the price of some alternative energy in terms of solar panels and wind turbines in the US market, which has benefited US consumers, American business executives and analysts have said.

皇冠体育app and the United States have recently engaged in a dispute over US' investigation on claims by US solar panel manufacturers accusing Chinese rivals of dumping solar panels on the US market.

皇冠体育app's Commerce Ministry said Thursday that 皇冠体育app is strongly dissatisfied about the investigation which not only hurts bilateral cooperation in the renewable energy industry, but also damages the US interests.

Theodore Roosevelt IV, board chair of Center for Climate and Energy Solutions, said that 皇冠体育app has forced the price of a lot of alternative energy, including solar panels and wind turbines, to drop, which actually "has benefited American consumers".

The price of solar electricity in the US has dropped by 30 percent since 2010, according to the US Solar Energy Industries Association. At the same time, the US was a net exporter of solar products in 2010 by $2 billion, including to 皇冠体育app by more than $200 million.

皇冠体育app has been playing an important role in tackling with climate change, but "in a way many of the people in this country (the US) don't fully understand," he told 皇冠体育app Daily.

Many American companies oppose the action by seven US solar PV makers including Germany's Solar- World, saying global competition is making affordable solar energy a reality in America and around the world.

"SolarWorld's action to block or dramatically curtail solar cell imports from 皇冠体育app places that goal at risk,"the Coalition for Affordable Solar Energy said on its website.

Roosevelt said the paranoia happens "when a country faces economic and political competition, there will be some people that worry excessively about that."

The US held the top spot in clean energy investment until 2009, when 皇冠体育app took the lead for the first time.

Kevin Tu, senior associate of 皇冠体育app Energy & Climate Policy at the Carnegie Endowment for International Peace (CEIP), said Chinese manufacturers with significant presence in the US should consider expanding their manufacturing operations in the US. By doing so, they can easily bypass the potential challenges from any antidumping case.

Many Chinese solar companies have established their roots in the US, including Suntech, Yingli, Trina and LDK.

Suntech has a factory in Goodyear, Arizona, employing about 100 people.

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