AllInfo

China wants to manufacture solar panels partly move to USA

China would plan to be a part of its production of solar panels to move to the US. The country thus hopes import duties of the United States to avoid, but the breeds but also on countermeasures.

The United States accuses China of dumping solar panels on the American market by this far below the cost to sell. The American ministry of Economic Affairs, looks at reason and at the request of a number of companies in the U.S. are active in the market for solar energy or import duties on Chinese solar panels can be imposed. It would go to taxes that could reach up to 250 percent of the Chinese price. Also examine the American government or the Chinese government illegally grants provided to companies and, thus international trade agreements breach.

The Chinese manufacturers of solar panels now would’t wish to compromise, reports The New York Times. So would a number of companies, the final assembly of panels to the United States and want to move. Also in South Korea, and Taiwan would be factories set up should be with the China-produced raw wafers are transformed into functional solar cells.

In addition to possible concessions in the direction of the Americans would be the Chinese companies, however, countermeasures want to take should they be faced with import duties. This would be considered on the import of polycrystalline silicon, an important raw material for the construction of solar panels, from the US to burden them with duties. The U.S. is one of the largest exporters of polycrystalline silicon.

Worldwide, the prices for solar panels sharply gone down; according to American figures are the panels for the last 2.5 years is 70 percent cheaper now, partly due to a drop in demand from Europe and excess capacity at Chinese manufacturers. By the sharp price reductions in many countries is no longer profitable to make solar panels to produce.

Exit mobile version