The U.S. Department of Commerce is making changes to its initial decision involving the investigation of solar cells from Malaysia, which found that they were being sold in the U.S. at less than fair value. Corrections are being made due to big mistakes in how the initial calculations were done, particularly involving currency conversion and customer codes for a company called Jinko Solar. These errors lead to changes in the estimated dumping margins, which affect the cash deposit requirements for Jinko Solar and other companies. The amended rates will be applied retroactively to early December 2024.
Simple Explanation
The government found that some solar panels from Malaysia were sold too cheaply in the U.S. because they made mistakes with their math, like how they counted money and named customers, so now they are fixing those mistakes to make sure they ask for the right amount of money.