Solar industry says EU tariffs on Chinese imports will raise panel prices

Arthur Neslen for The Guardian:  Europe’s solar industry has condemned an EU vote to impose another round of duties on Chinese imports, just weeks before a US trade panel is due to rule on similar tariffs.

A Brussels committee yesterday agreed to set minimum import duties for Chinese solar modules and cells that could price them up to 30% above market levels with “huge negative effects” for the industry, according to trade groups.

There is also a “99% probability” that Trump will announce tariffs on Chinese solar imports before the end of January, according to one source who has held talks with senior US government officials.

European commission sources insist the EU’s anti-dumping measure will slowly reduce existing tariffs and “gradually lead to a convergence of the world market price and the EU import price”.

But with world market prices falling, SolarPower Europe said this would still add at least €500 (£458) to the cost of a household installation – and up to €1m to a one-megawatt industry revamp.  Full Article:

Comments (0)

This post does not have any comments. Be the first to leave a comment below.


Post A Comment

You must be logged in before you can post a comment. Login now.

Featured Product

U.S. BATTERY RENEWABLE ENERGY SERIES DEEP CYCLE BATTERIES

U.S. BATTERY RENEWABLE ENERGY SERIES DEEP CYCLE BATTERIES

Our RE Series batteries are designed to provide the highest peak capacity, longest cycle life, and greatest reliability for use in industrial or residential renewable energy applications. Renewable Energy Series batteries utilize the company's exclusive XC2™ formulation and Diamond Plate Technology® to create the industry's most efficient battery plates, delivering greater watt-hours per liter and watt-hours per kilogram than any other flooded lead-acid battery in the market. Our Deep Cycle batteries are engineered to work with solar panels as well as other renewable energy applications.