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

Tigo’s New TS4-A-M (Monitoring) & TS4-A-S (Safety)

Tigo's New TS4-A-M (Monitoring) & TS4-A-S (Safety)

Tigo will announce the new product launch of the patented UHD-Core TS4-A (Advanced Retrofit/Add-on) Platform at SPI 2019. The new TS4-A-M (Monitoring) & TS4-A-S (Safety) units have improved lightweight hardware and lower labor costs to address a range of functions and budgets. The TS4-A-M allows module-level monitoring via Tigo's SMART Website & App. The TS4-A-S is UL-certified as a rapid shutdown solution for residential and C&I PV system. Both units join the Tigo's multivendor solution that works with almost any inverter and smart module in the global PV market. Contact sales@tigoenergy.com for pricing, shipping, and availability in Q4'19.