by Paula Mints
Oh, what a tangled web you weave when vying for an exclusion from tariffs via strategic ac-quisition. In April, SunPower (SPWR) announced it had acquired (subject to regulatory approval) So-larWorld US, subsidiary of the company that kicked off the solar tariff dispute with a petition in 2012, focused on China as the dumper of cells and modules. SolarWorld GmbH, based in Germany, could not file the petition. It needed its US subsidiary to do so. As SolarWorld US is, currently, the only crystalline cell manufacturer in the US, it takes on a value beyond the sum of its outdated parts.
In 2014, SolarWorld followed up its initial trade petition with the addition of Taiwan as a dumper of cells. In mid-May …
Read the full article at: http://www.altenergystocks.com/archives/2018/04/sunpower-and-solarworld-strange-bedfellows/
