The World's #1 Renewable Energy Network for News, Information, and Companies.

EU Hits Chinese Solar Glass Exporters with Tariffs Up to 42.1%

EU Hits Chinese Solar Glass Exporters with Tariffs Up to 42.1%

The European Union imposed tariffs as high as 42.1 percent on solar glass from China to curb import competition for EU producers, heightening trade tensions over renewable energy.

The duties punish Chinese exporters such as Zhejiang Jiafu Glass Co. and Xinyi PV Products (Anhui) Holdings Ltd. for allegedly selling solar glass in the EU below cost, a practice known as dumping. The glass is used for the production of solar panels, which are themselves the focus of two European trade probes affecting China.

EU producers suffered “material injury” as a result of dumped imports from China, the European Commission, the 28- nation EU’s trade authority in Brussels, said today in the Official Journal. The levies, due to take effect tomorrow, are for six months and may be prolonged for five years.

The duties are the preliminary outcome of an investigation that the commission opened in February after a dumping complaint by a European group on behalf of producers that account for more than a quarter of EU production of solar glass. The EU solar- glass market is valued at less than 200 million euros ($272 million), the commission said when it opened the inquiry.

Chinese exporters increased their share of the EU solar- glass market to 28.8 percent in 2012 from 6.2 percent in 2009, the commission said today. The provisional levies range from 17.1 percent to 42.1 percent, depending on the Chinese exporter. Zhejiang Jiafu Glass faces the maximum rate, while Xinyi PV Products is subject to a 39.3 percent duty.

EU governments, acting on a proposal from the commission, must decide within six months whether to turn the provisional anti-dumping duties into “definitive” levies lasting for five years. The rates for definitive duties can change.

Since last year, the EU has been investigating alleged subsidies to Chinese solar-panel makers and alleged dumping by them in the bloc’s biggest trade dispute of its kind. In August, the commission reached a provisional agreement China that fixed a minimum price and a volume limit on EU imports of Chinese solar panels until the end of 2015.

Copyright 2013 Bloomberg

Lead image: Gavel and book via Shutterstock

RELATED ARTICLES

India's Seabiscuit: How Solar Energy Can Be the Symbol of Hope for Electricity Woes

Aditya Goel, Ornate Solar For those unfamiliar with the story of the horse that Hollywood made famous, Seabiscuit was a small horse who had an inauspicious start to his racing career. History though, remembers Seabiscuit not for his diminutive...
Tesla batteries

Advanced Microgrid to Buy Tesla Batteries for Storage Projects

Justin Doom, Bloomberg Advanced Microgrid Solutions, a provider of energy-storage systems, agreed to buy as much as 500 megawatt-hours of battery capacity from Tesla Motors Inc.
Gavel

Three Chinese Solar Panel Groups Lose Exemption From EU Tariffs

Jonathan Stearns, Bloomberg

The European Union applied tariffs on three groups of Chinese solar-panel makers that have been exempted from the levies, potentially reviving tensions in the EU’s biggest trade case of its kind.

Stock graph

Green Bonds Sprout as Wall Street Embraces Renewable Energy Debt

Cordell Eddings, Bloomberg Bonds backing clean energy and other sustainable initiatives are booming. Investors are snapping up green bonds at the fastest pace on record, as big banks like Morgan Stanley and Bank of America Corp. pile in with new iss...

CURRENT MAGAZINE ISSUE

Volume 18, Issue 3
1505REW_C11

STAY CONNECTED

To register for our free
e-Newsletters, subscribe today:

FEATURED PARTNERS



EVENTS

PV-301: Advanced PV Design & Installation

This highly desirable and advanced course is intended for the profession...

PV-401: Advanced Field Training

Real world on the job solar installation, training, and experience is th...

PV-201: Introduction to PV Design & Installation

PV 201 Introduction to PV Design & Installation is simply the best i...

COMPANY BLOGS

How to Reduce Soft Costs With a Critical Path Map

For solar installers, soft costs are a fact of life. However, they don&r...

Five Reasons to Go Solar Now

Solar’s popularity has skyrocketed recently, thanks to a price dro...

Up to Bat – Why More Solar Companies Are Thinking Seriously About A...

Given the growth of the solar industry in the U.S., with 2014 year-...

SOCIAL ACTIVITY

Tweet the Editors! @megcichon @jennrunyon

NEWSLETTERS

Renewable Energy: Subscribe Now

Solar Energy: Subscribe Now

Wind Energy: Subscribe Now

Geothermal Energy: Subscribe Now

Bioenergy: Subscribe Now  

 

FEATURED PARTNERS