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

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

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.

Related: Solar power growth leaps by 50% worldwide thanks to US and China

Related: China hits back at ‘extreme’ tariffs from rival economies

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Source: china
Link : Solar industry says EU tariffs on Chinese imports will raise panel prices

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