Solar-panel prices to rise due to anti-dumping tax

MUNICH--U.S. solar panel prices are set to rise in the short term due to last month's imposition by the Obama administration of 31% tariffs on some Chinese panels, two of China's largest solar companies said Tuesday.

The tariffs, however, are unlikely to significantly hit Chinese companies that have diverse global supply chains and production capacities outside China, said executives of Suntech Power Holdings Co., the world's largest manufacturer of photovoltaic solar panels, and JinkoSolar Holding Co. Ltd.

The comments come after the U.S. government last month imposed 31% tariffs on some solar panels produced in China alleging they had been dumped, or sold below cost.

"We will see some price increases in the short-term" for solar panels in the U.S., JinkoSolar's Marketing Director Isabelle Christensen said on the sidelines of the Intersolar industry exhibition in Munich.

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

Parker - GRIDTIE INVERTERS AND POWER CONVERSION SYSTEMS

Parker - GRIDTIE INVERTERS AND POWER CONVERSION SYSTEMS

Parker grid tie inverters and power conversion systems are used in numerous applications, including renewable energy harvesting and energy storage. In addition to high efficiency and proven reliability, Parker offers some features unique to the industry, such as the two-phase evaporative cooling system used in the 890GT-B and 890GT-S series. The inherent efficiencies of this refrigerant-based technology enable up to twice the power density or up to 40% higher throughput compared to conventional air cooling. Modular inverter design enables replacement of critical power components in-field, with minimal downtime.