SolarWorld Comments on Trade Action

The following statement is attributable to Juergen Stein, U.S. president of SolarWorld: “The case of Suniva dramatically demonstrates that the U.S. solar manufacturing industry still suffers from unfair trade. In particular, highly subsidized Chinese companies as well as other producers are globally dumping their products, forcing competitors to take losses, lay off workers and exit the market. SolarWorld has fought decisively against this kind of unfair competition for many years. China now has managed to circumvent and violate existing trade defense measures in several ways and again incited a ruinous price race to the bottom, destroying U.S. manufacturing jobs. SolarWorld – as the largest U.S. crystalline-silicon solar manufacturer, with more than 40 years of U.S. manufacturing experience – will assess the case brought by Suniva but prefers that any action to be taken against unfair trade shall consider all parts of the U.S. solar value chain. We’re committed to helping to find a way that also considers the interests of other parties playing fair in the U.S. solar market.”