|Bid||0.510 x 0|
|Ask||0.520 x 0|
|Day's Range||0.495 - 0.520|
|52 Week Range||0.330 - 0.870|
|PE Ratio (TTM)||-0.94|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||0.30|
U.S. solar manufacturers on Tuesday asked federal trade officials to impose tariffs on cheap foreign-made panels, clashing with companies who rely on those products to build low-priced projects that can compete with gas and coal. In a closely-watched case, the U.S. International Trade Commission is set to recommend measures to prop up the small domestic solar manufacturing industry after it ruled unanimously last month that producers have been harmed by imports. It must deliver its report by Nov.13 to President Donald Trump, who will then decide how to proceed.
WASHINGTON/LOS ANGELES, Sept 22 (Reuters) - The U.S. International Trade Commission on Friday found that imports of cheap solar panels harmed domestic producers, setting the stage for President Donald Trump to consider imposing tariffs or other relief measures to protect the nation's small solar manufacturing sector. The unanimous decision by all four voting commissioners followed a complaint brought by bankrupt Georgia-based solar manufacturer Suniva Inc in April. In its petition, Suniva said a glut of panels manufactured abroad, mostly in China and other Asian countries, has depressed prices and made it impossible for American producers to compete.
The U.S. International Trade Commission said on Tuesday it was launching a probe into imports of solar panels, in a case watched closely by the solar installation industry, which has seen panel prices rise partly from concern that tariffs could double their cost. The commission said it would issue a preliminary finding by Sept. 22 on whether imports of the panels, known as crystalline silicon photovoltaic cells, were damaging U.S. producers, after a complaint brought by Georgia-based Suniva Inc in April. U.S. President Donald Trump, who has taken a tough approach on trade policy and Chinese exporters in particular, is expected to make a final decision in the case later this year.
Appliance giant Whirlpool Corp on Thursday called on the U.S. International Trade Commission to impose "global safeguard" restrictions on imported washing machines to stop its South Korean rivals Samsung and LG from flooding the American market with cheap machines. Testifying to the trade body, Whirlpool Chief Executive Officer Jeff Fettig accused Samsung Electronics Co Ltd and LG Electronics Inc of moving operations around the world to avoid paying U.S. duties. "Without safeguard relief, it is hard to see how we maintain our competitiveness in the face of a continued onslaught of low-priced imports," Fettig said.
A bitterly divided U.S. solar power industry descended on Washington on Tuesday to testify before a government panel that has been asked to impose steep tariffs on imported solar panels. The trade case, brought by panel maker Suniva, has created a rift between the sector's struggling U.S. manufacturers and the much bigger domestic industry that installs and develops solar projects. Suniva filed a petition seeking the tariffs with the International Trade Commission in April, nine days after the company sought Chapter 11 bankruptcy protection.
AUGSBURG, Germany, May 23, 2017 /PRNewswire/ -- Raising Power GmbH, a subsidiary of Shunfeng International Clean Energy Limited, showcases its service package for the technical operation management of PV systems with a focus on the DGUV ordinance 3 at this year's Intersolar Europe in Munich. At booth 376 in hall B3, visitors to the trade fair will learn comprehensive solutions that Raising Power has been designing for system operation and operator responsibilities. Another highlight at the booth will be the 360° virtual reality control center, which demonstrates how Raising Power carries out technical operation management of PV systems worldwide from the company's location in Augsburg.
HONG KONG, May 16, 2017 /PRNewswire/ -- Shunfeng International Clean Energy Ltd. ("Shunfeng" or the "Company"; stock code: 01165.HK), a leading integrated clean energy solutions provider, ...