Chinese solar giant Trina Solar has pledged not to turn its back on Europe despite the decision to impose hefty anti dumping duties on its products if politicians fail to negotiate a solution to the trade impasse over the summer.
In a press release, Trina chairman and CEO Jifan Gao said: "Trina Solar’s industry expertise, innovation, and global presence have helped to create great value for our stakeholders. Trina Solar remains committed to continuing to serve our customers and business partners in Europe, with whom we have built strong relationships, during this period of regulatory instability. We will continue to work together to deliver industry leading solutions."
The company’s announcement came in the wake of the EU’s decision to apply initial anti dumping duties of 11.8% on Chinese panels and related components, rising to between 37.3% and 67.9% from August 6 if no resolution is found, with Trina Solar products facing duties of 51.5%.
The EU is set to decide by December 5 whether to impose ‘final’ duties at those levels for five years and Trina said it was prepared to fight its corner against the findings of the European Commission.
"Trina Solar is disappointed with the European Commission’s preliminary conclusion, as we disagree that we have dumped imports into the European market," said Ben Hill, President of Trina Solar Europe. "The decision will negatively affect the European solar industry and is against the interests of the global solar market."
Mr. Gao added: "We will continue to co-operate with the European Commission’s investigation, and use evidence to defend our position that these duties are unwarranted and serve as an impediment to the broader adoption of solar energy as a sustainable energy source.
"We urge all parties involved to seek a mutually beneficial solution through consultation and negotiation. As a forward-thinking global company, we will continue to deploy options to most effectively serve all of our solar markets."