EU import levy for Chinese solar panels goes to 42 percent

The European Union agrees finally with the imposition of an import levy on Chinese solar panels. The levy, which, as the answer should be on the alleged dumping of cheap Chinese panels, will on december 6, to enter and can go up to 42 percent.

According to the European Union, the levy is necessary because European manufacturers of solar panels large harm by the Chinese government-subsidized solar panels that are placed on the market. The EU believes that the market for solar panels can only continue to grow as that market also fundamentally sustainable. The proposed antidumpheffing can reach up to 42 percent and from 6 december to apply for a period of two years.

The levy on solar panels is not unexpected. In June, the European Commission has provisional import duties in at the height of 11.8 percent, after investigations, it was shown that Chinese manufacturers have with the help of the government to the dumping had been guilty.

The EU concluded, however, an agreement with China whereby a minimum price was agreed. Brussels will with the current announcement for the increment of the antidumpheffing make an exception for Chinese exporters who have agreed on the solar panels at these minimum prices. Also, these companies have exportlimieten with the EU agreed to. Thus, in practice, only Chinese companies have been taken that no agreements with the EU have created.

The import of cheap solar panels from China to Europe is estimated at 21 billion euro per year. Thus, the country has a market share of more than 80 percent would be. In the period 2009-2012 declined, the prices of solar panels in the European market with more than 80 percent.