Eu Solar Panel Tariff

Eu to impose tariffs on chinese solar panels.

Eu solar panel tariff.

6 4 13 8 41 am cet. Solar industry says eu tariffs on chinese imports will raise panel prices europe s solar industry has condemned an eu vote to impose another round of duties on chinese imports just weeks before. Updated 4 13 14 1 18 am cet. According to a fact sheet released by the u s.

De gucht says tariffs will rise to more than 47 after two months. By tim king and andrew gardner. Eu to hit 100 china solar panel makers with anti dumping tariffs an import charge of 37 2 to 67 9 will fuel the fire of the solar trade war. For chinese companies the rise of tariffs would mean paying 50 more than they do now.

The trade restrictions introduced in 2013 to shield the european union s solar power market from cheaper chinese imports expired on 3 september the commission said. And china knows it. The tariff covers both imported solar cells a key input to manufacturing solar panels and solar modules otherwise known as solar panels. Trabish may 09 2013.

Trade representative this tariff will last for four years and will fall by 5 annually dropping to a 15 tariff in 2021. It also comes at a time of when international prices for panels are falling in response to a reduction of subsides for the deployment of solar photovoltaic pv capacity in china. For the sake of the eu and the planet they must end. Why eu tariffs on chinese solar panels need to end.

Suntech which was once the world s biggest solar panel producer recently put its main operating subsidiary in china into bankruptcy. Import tariffs on chinese solar pv hurt the domestic industry more than they help it. Chinese solar panels will no longer be subject to trade controls such as minimum prices in the european union the european commission announced in its official journal. The eu first imposed anti dumping and anti subsidy measures for chinese solar panels wafers and cells in 2013 and extended them by 18 months in march last year signaling that they should then end.

Why eu tariffs on chinese solar panels need to end. Many are already struggling with overcapacity. The european commission is examining whether to extend measures to control imports of solar panels from china a move that could fuel tensions with beijing which had welcomed plans to phase them.