The Canada Border Services Agency (CBSA) announced on June 3rd (local
time) the conclusion of the anti-dumping and countervailing
investigation of Chinese PV products. CBSA believed that Chinese
government-subsidized PV modules were dumped in Canada. Final
determination will be announced within 15 days.
According to CBSA’s announcement, the dumping margins for nine
specific leading Chinese manufacturers were ranged from 9.3% to 154.4%,
in which, ReneSola was the lowest and Suntech was the highest. The
dumping margin for other manufacturers was 154.4%. As for the amount of
subsidy, the nine leading companies received subsidies of
RMB0.003-0.074/Watt, while other companies received RMB0.34/Watt. The
Canadian International Trade Tribunal will notify the confirmed duty
rates in the final determination before July 3rd.
Based on EnergyTrend’s statistical data, total Chinese cell &
module exports to Canada was about 460MW in 2014, in which, more
than 80% were cells. Three major Chinese cell manufacturers – JA Solar,
Motech (China branch), and Shunfeng – contributed over 300MW cells to
Canada. “Since CSI has its own module production site in Canada, its
module capacity can fulfill Canada’s annual demand. Therefore, cells are
the main PV products shipped from China to Canada,” said Corrine Lin,
Analyst of EnergyTrend. Although dumping and subsidy margins were
lowered compared to preliminary determination, as long as module is the
only taxable item (excluding cell), it won’t have much impact on PV
products exported from China to Canada. In the end, the only winner will
be CSI with module capacity in Canada despite the huge gaps between
manufacturers’ dumping margins.
