China Clean Energy Subsidy Surveyed by the United States

After seeing the U.S. government's launch of the "Investigation Report on China's Clean Energy Policies and Measures," 301, Suntech Power Holdings Co., Ltd. (STP.NYSE, hereinafter referred to as "Suntech Holdings") Chairman and CEO Shi Zhengrong to "First The Financial Times said: "We are already embarking on this work. We also hope to receive government support in the future."

On Friday, the Office of the U.S. Trade Representative announced that a survey had been initiated on the application of the U.S. Steel Workers Federation. The main content of this application is that the Chinese government has provided unfair subsidies to the solar, wind, new battery, and new energy automotive industries, in violation of relevant WTO regulations.

The relevant person in charge of the Ministry of Commerce subsequently stated that the US Steel Workers’ Federation’s accusation of China’s clean energy related policies was unfounded and irresponsible. China believes that any trade measures and practices of the US must strictly abide by the rules of the WTO. , and will safeguard its legitimate rights and interests in accordance with the rules of the WTO.

A survey of China's clean energy subsidies is still the first time in the United States.

The United States has to propose such a survey. Shi Zhengrong analyzed that the reason why the United States wants to put this out is mainly related to the recent U.S. government election. The U.S. candidates may hope to increase their prestige among the people through such events in order to obtain higher The support rate, just on October 11, Suntech Holdings in a battery production plant in Arizona, USA has been put into production, its initial annual output of 30 MW. "From the first half of this year and last year, our shipments of photovoltaic cells to the United States were less than 20% of our total shipments."

China Merchants Securities researcher Wang Liusheng pointed out that China and the United States had reached a series of agreements on clean energy business in the second half of last year, which will focus on the research and development of three new businesses such as clean coal and carbon storage. However, the US suddenly launched a clean energy subsidy survey on China. It may also be related to the current economic slowdown in the United States and the increase in business volume of Chinese companies.

Take solar energy, Chinese enterprises have occupied half of the world's solar energy shipments, and the US solar energy market is also one of the goals of Chinese companies. This will be a major challenge for the US companies themselves.

EPIA (European Photovoltaic Industry Association) data show that the US photovoltaic market reached 1.65GW installations in 2009 and is the top five PV installation countries in the world, which is more than 8 times higher than China, and will continue to grow in the future.

The U.S. government, associations, and companies hope that by means of investigations, Chinese enterprises can slow down the development of the United States. However, we must also know that the entire market is a fit for the survival of the fittest. If the US solar energy companies cannot reduce their costs and provide efficient battery technologies and products, they will eventually be relentlessly eliminated.

Shi Zhengrong told reporters that since the United States Steel Workers Federation submitted the above-mentioned opinions to the US Trade Representative Office on September 9, Suntech Holdings has set up a relevant team to prepare for responding, and has also actively communicated with the association and the Ministry of Commerce.

Wang Liusheng stated that the focus of China’s response to this case will probably focus on the fact that the U.S. government itself also has substantial subsidies for clean energy.

The person in charge of the Ministry of Commerce pointed out that the United States takes action on China’s clean energy policy and the signal will be that the United States does not support China’s efforts to improve the environment. According to the preliminary understanding of the Chinese side, there are more than 2,300 subsidy projects in the energy field in the United States, including clean energy. Therefore, the United States has no reason to accuse other countries of their efforts to improve the human environment.

In fact, after Barack Obama was elected president of the United States, he promised to spend 10 billion U.S. dollars on new energy technologies including solar energy and wind energy in the next decade. In other words, such companies face even greater challenges from the US investigation.

Three months ago, the US Senate Energy Committee passed a “10 Million Solar Roof Proposal,” which means that the US government plans to invest 250 million U.S. dollars in 2012 and then spend 500 million U.S. dollars each year to subsidize local solar systems for residential and commercial buildings. . If this subsidy is not counted, according to the current development of the US market, the compound PV growth rate of the local PV market will reach 40% from 2011 to 2014, and if the corresponding incentive and subsidy policies are taken into account, then the United States will annually The photovoltaic market will increase by more than 60% year-on-year.

"At that time, we responded to the European dumping accusations by showing to the German government through various channels that we did not dump. These methods include lobbying with the government, our customers, dealers, and our equipment providers. There is no concrete result in this case.” An insider of Optics Solar said that it is not clear what the US investigation was about. “But after the anti-dumping case in Europe, the United States gradually raised the possibility of similar lawsuits or investigations. Increased."


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