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

Read: Whiff of discontent as China bans imports of soft European cheese

EU duties on Chinese solar modules are set to rise 30% above market levels signalling ‘huge negative effects’ for businesses

Employees assemble photovoltaic panels at Suntech Power Holdings Co.'s factory in Wuxi, Jiangsu Province, China
SolarPower Europe said tariff increases on Chinese solar imports would add about €500 (£458) to the cost of a household installation. Photograph: Qilai Shen/Bloomberg/Getty Images

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. Tiếp tục đọc “Solar industry says EU tariffs on Chinese imports will raise panel prices”