ReneSola modules not subject to ITC ruling on anti-dumping measures

CHINA: ReneSola Ltd  announced that its solar PV modules sold in the United States are not subject to tariffs on PV modules made with Chinese-manufactured solar cells, as the company sources its cells from countries other than China.

Last week, the U. International Trade Commission upheld higher tariffs that had been imposed last month by the US Department of Commerce and ruled that US manufacturers had been negatively impacted as a result of state subsidies for PV modules exported from China.

"As a result of our international supply chain, and insightful planning on the part of our global management team, ReneSola will not be negatively impacted by the ITC's recent ruling," said Xianshou Li, CEO of ReneSola.

"While we question how this ruling will ultimately benefit US consumers and the overall US solar industry, we will continue to work diligently to make solar more affordable and widely available through our economies of scale and by manufacturing modules of the highest quality."