Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ), one of the world's largest solar power companies, today released this statement on behalf of Thomas Koerner, General Manager of the Company's America's division, in response to the World Trade Organizations ("WTO's") ruling against the United States' imposition of import duties against certain photovoltaic products.
"The WTO's ruling today is in alignment with the opinion of Canadian Solar as well as other organizations which represent the majority of the PV industry. The imposition of countervailing and potential anti-dumping duties is not only disruptive to a fair trade business environment but also damaging to an industry which seeks to support the United States' commitment to renewable energy deployment and sustainable development," said Thomas Koerner, President of Canadian Solar, Americas.
"We urge the Government of the United States to reevaluate its preliminary determination of countervailing duties and the misguided trade dispute at large, in order to uphold the universal values of free trade and competiveness which have fostered the environment in which we've witnessed consistent growth, year after year," he added.
"As a Canadian company, we look forward to maintaining and conducting 'business as usual' in the United States market, as we continue to further support and supply a growing US customer base," said Koerner.
