Tag Archives: European Commission

SolarWorld shareholders approve rescue package; Qatar Solar picks up stake

Shareholders in the beleaguered German manufacturer SolarWorld have given the green light to a comprehensive restructuring of the company’s finances. The debt-for-equity deal, approved by a 91% majority yesterday, will see Doha-based Qatar Solar acquire a 29% interest in SolarWorld … Continue reading

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EU solar trade deal sets floating price on Chinese panels

The EU and China have announced the terms of the deal to end their long-running solar trade dispute, setting a minimum import price linked to industry price reports. The initial price level was not released at the time of publication. … Continue reading

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Leaks reveal EU efforts to close Chinese PV offshore loophole: Sets €0.56 per Watt minimum import price

More details of the EU trade deal have emerged including an attempt to stop Chinese manufacturers from circumventing the legislation by sending production capacity overseas. According to a document seen by PV Tech, Chinese firms will come under scrutiny by the European … Continue reading

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Solar panel dispute: EU reaches deal with China

The deal to resolve the biggest trade dispute between China and the European Union will avoid punitive tariffs from August on Chinese solar imports into Europe that were worth 21 billion euros ($27 billion) last year. BRUSSELS: The European Commission said on … Continue reading

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China imposes anti-dumping duties on US, South Korean polysilicon

U.S. and South Korean polysilicon manufacturers will face anti-dumping import tariffs in China of up to 57% beginning July 24. U.S. producers REC and Hemlock face the highest rates. China’s Ministry of Commerce is set to impose import duties of … Continue reading

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Gehrlicher Solar sunk by termination of €85 million bank loan

German photovoltaic group Gehrlicher Solar AG said on Tuesday that its decision to file for insolvency on Friday was prompted by the termination of an €85 million ($109.5 million) loan by a banking consortium. The company added that its subsidiaries … Continue reading

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European Commission reveals August duty rates on Chinese solar companies upto 67.9%

The European Commission has published in its Official Journal details of duties levied on Chinese manufacturers with Delsolar hit the hardest. Yingli fared best with a duty rate of 37.3% as well as Jinzhou Yangguang Energy 38.3%. Delsolar was handed … Continue reading

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European Commission to impose 11.8% duties on Chinese manufacturers with an increase to 68% in August

In a press conference, European trade commissioner, Karel de Gucht, said duties would be phased in to allow for a negotiated solution. The European Commission has announced preliminary duties of 11.8% will be applied to Chinese solar manufacturers’ modules and … Continue reading

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EU imposes provisional anti-dumping tariffs on Chinese solar panels even after most European states voted against it

The European Commission has today issued the following statement: “Today the European Commission has decided to impose provisional anti-dumping duties on imports of solar panels, cells and wafers from China. This decision follows a thorough and serious investigation and extended contacts … Continue reading

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EU votes against module Anti Dumping, and hopefully so will India

Eighteen EU member states vote against solar duties Countries who voted in support of the proposals include some of Europe’s largest solar players, most notably France, Italy and Spain. Image: Lightsource industry reaction to EU council vote on anti-dumping (04:20) … Continue reading

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