EU starts subsidy probe of Chinese solar panels (3)

TrinaSolar Ltd, one of the major solar panel producers in China, said it is assessing the US ruling, noting that it has the right to appeal.

"We do hope that the global market can continue to be open and everyone can afford to have green solar energy in the near future," said Miao Liansheng, president of Yingli Green Energy Holding.

"We are very disappointed about the US decision, which will slow the process of upgrading the technology used in the global solar industry and lead to decreasing investments in solar energy in the US," said Gao Jifan, chairman of the company.

China is already investigating US polysilicon, and the latest US announcement could "compel the Chinese government to further retaliate against US exports or to file a new World Trade Organization case against the US' own green subsidies", said Scott Lincicome, an international trade attorney at the law firm White & Case LLP. Lincicome is the author of a recent report written for the Cato Institute about US policies on countervailing duties.

"These duties, litigations and uncertainties are precisely what the struggling solar industry - in the US, China and elsewhere - doesn't need," he said.

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