Search Results for keywords:"Jinko Solar"

Found 2 results

Search Results: keywords:"Jinko Solar"

💰 Only
Oldest Newest
  • 2024-31449 — Crystalline Silicon Photovoltaic Cells, Whether or Not Assembled Into Modules, From the Socialist Republic of Vietnam: Amended Preliminary Determination of Less-Than-Fair-Value Investigation
    Type:Notice
    Citation:90 FR 85
    Reading Time:about 4 minutes

    The U.S. Department of Commerce has updated its earlier findings regarding whether solar cells from Vietnam were sold in the U.S. at unfair prices, known as less-than-fair-value (LTFV). This adjustment was made to fix a significant error in calculating the dumping margin for a Vietnamese company, Jinko Solar. As a result, the new cash deposit rates for imports will be enforced starting from the publication date of this notice. The Department will notify the U.S. International Trade Commission of these changes.

    Simple Explanation

    The U.S. Department of Commerce found a big mistake in math when checking if solar panels from Vietnam were being sold in the U.S. for super cheap. They fixed the mistake, so now the rules for how much money companies need to keep aside when bringing these panels into the U.S. are updated.

  • 2024-31764 — Crystalline Silicon Photovoltaic Cells, Whether or Not Assembled Into Modules, From Malaysia: Amended Preliminary Determination of Less-Than-Fair-Value Investigation
    💰
    Type:Notice
    Citation:90 FR 601
    Reading Time:about 5 minutes

    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.