NewEnergyNews More: CHINA’S VIEW ON TURBINE TOWER PRICE GAMING

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  • Monday, January 30, 2012

    CHINA’S VIEW ON TURBINE TOWER PRICE GAMING

    China Voices 'Deep Concern' Over U.S. Wind Tower Probe; Investigation by U.S. Commerce Department will examine whether towers from China and Vietnam were subsidized and sold at less than fair value.
    January 21, 2012 (AFP via Industry Week)

    "China expressed ‘deep concern’…after the U.S. launched a probe into Chinese wind towers that it suspects of being unduly subsidized and sold at a loss on the American market…[saying it would] hamper bilateral cooperation in the field of new energy…harm the interests of U.S. industries…[and] go against global efforts to tackle the challenges of climate change and energy security…

    "The U.S. Department of Commerce…[has] opened an inquiry on wind towers made in China and Vietnam…The petitioner for these investigations is the Wind Tower Trade Coalition, comprised of Broadwind Towers...DMI Industries...Katana Summit...and Trinity Structural Towers..."


    click to enlarge

    "…[China's Ministry of Commerce said if] hopes the U.S. side can respect relevant laws and facts, and abide by the commitment made at the G20 summit in Cannes that all countries should avoid introducing new trade protectionism…

    "A wind tower is the structure that supports the engine and blades used to generate wind energy, and the tower captures that energy…If the probe reveals the towers have been sold at a loss, the U.S. could take out anti-dumping measures, conforming to the rules set down by the World Trade Organization…In 2010, imports of utility-scale wind towers from China and Vietnam were valued at an estimated $103.6 million and $51.9 million, respectively…"

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