Eu Drops Its Solar Panel Tariffs

The european commission decided on friday 31 august to eliminate anti dumping tariffs on chinese solar panels saying the decision will help the eu achieve its renewable energy goals.

Eu drops its solar panel tariffs.

Due to advances in solar manufacturing the cost of solar panels has fallen by between 2 and 6 per year for the past several years. For the sake of the eu and the planet they must end. This post is only available to members. Import tariffs on chinese solar pv hurt the domestic industry more than they help it.

The eu first imposed solar tariffs in 2013 over concerns that chinese solar goods which make up about a third of eu sales were retailing at below production costs. China urges eu to drop solar tariffs. Brussels reuters the european union will end restrictions on the sale of solar panels from china early next week in a move that eu producers said would lead to a flood of cheap imports. Why eu tariffs on chinese solar panels need to end.

European commission ec trade head karel de gucht will. The european union and china came close to a trade war in 2013 over eu allegations of solar panel dumping by china. The commission said eu prosun a group representing solar panel producers accounting for more than 25 percent of the eu s. Because the tariff is percentage based its actual impact on prices will shrink each year as the price of imported solar panels continues to fall.

A renewable energy boom has. The european union eu is moving ahead with tariffs on imported chinese solar panels in an effort to protect its own module makers. Manufacturing are now the focus of a battle in washington over whether the measures should be amended. Tariffs on solar panels imposed nearly two years ago by president donald trump to boost u s.

But this was averted by an agreement to allow a limited amount of tariff free.