US Imposes 126% Duties on Indian Solar Imports, Citing Subsidies

• The US Commerce Department will levy countervailing duties on solar cells and panels from India, Indonesia, and Laos.
• The department concluded that producers in these countries benefited from government subsidies, undercutting American manufacturers.
• Overall subsidy rates are set at 126% for India, 104% for Indonesia, and 80% for Laos.
• The decision follows a petition by US solar manufacturers, including Hanwha Qcells and First Solar, seeking relief from unfairly traded imports.
• This action is the first of two determinations; a separate ruling on below-cost sales is expected next month.