The co-complainants are claiming that foreign panel manufacturers have been dumping their products - selling goods at or below cost in order to drive out the competition in an effort to gain market share - into the U.S.
If the ITC decides that dumping has occurred, it will recommend to the President to impose a tariff on solar panels. This could have major ramifications throughout the solar industry. Some companies are, understandably, petitioning against the ITC to impose a tariff. These companies rely on cheap, imported materials for their solar installations and could be significantly hurt by an increase in panel prices.
One company, however, stands apart in this dispute - Green Solar Technologies. This company is testifying on behalf of SolarWorld in front of the ITC.
Edward Harner, COO of Green Solar Technologies , states "We feel that American...