Renewable Energy World.COM
06 June 2013
The European Commission has formally ruled to impose antidumping duties on Chinese solar panels, cells, and wafers, but is offering a short grace period of lower duties in the hopes of finding a resolution in broader trade relations.
A month ago, after a nine-month investigation, the EC concluded that Chinese solar panels sold in Europe should have fair value 88 percent higher than for what they are actually being sold. Their recommendation:provisional antidumping duties averaging 47.6 percent, and ranging from 37.3 to 67.9 percent, on more than 100 companies. That lower amount is attributed to a “lesser duty rule” which only aims to “restore a level playing field,” the EC says. Read more