DIGITIMES
Taipei, Thursday, August 28, 2014
08:10 (GMT+8)

Home
European Commission proposes high solar tariff against China firms
Jackie Chang, DIGITIMES, Taipei [Friday 10 May 2013]

The trade war in the solar market does not seem to be stopping. Following the anti-dumping and anti-subsidy tariff levied on China-based firms from the US, the EU is likely to follow suit with a tariff rate above 30%. If this tariff comes into effect in June, Taiwan-based solar firms are likely to benefit. According to Sam Hong, president of Taiwan-based Neo Solar Power (NSP), if the tariff is above 30%, it will effectively curb domestic production of solar modules in China.

According to a report by The Wall Street Journal on May 9, Karel De Gucht, trade chief of the EU, proposed that punitive tariffs against China-made solar panels and components be in the range of 37.3-67.9%. According to the same report, China-based solar imports account for 80% in Europe's solar market.

China is not happy about this.

Another report by The Wall Street Journal published on May 9 stated that a spokesperson for China's Ministry of Commerce said "China resolutely opposes plans by the European Union to impose punitive tariffs on imported Chinese solar panels and will protect local companies." Yao Jian, the spokesperson for the ministry added that China does not want to see a trade war.

The same report noted that according to a copy of plans drafted by the European Commission, the tariffs will come into effect on June 6 and solar firms such as Suntech will face rates of 48.6%. The report added that according to the same document, tariffs on LDK Solar, Trina Solar, and JA Solar will be 55.9%, 51.5%, and 58.7%, respectively.

A commentary from China's official news agency Xinhua News detailed the trade value between the EU and China in the first four months of 2013 in order to show that China is an important trade partner for the EU. In addition, the report said, "The notion that china will do nothing and quietly accept the duties is unrealistic." The report also stated their could be possible damage to the job market in Europe if the European Commission decides to set tariffs above 60%.

China is not the only one opposing the tariffs. The Alliance For Affordable Solar Energy (AFASE), a Europe-based coalition of 450 Europe-based solar companies, sent an open letter to De Guct expressing concerns over the duties which the Alliance believes will hamper the growth of solar energy in the EU, according to Australia-based solar news media Energy Matters.

Visit our website for table, pictures and any remaining text.

Related stories
EU to probe China PV makers, say Taiwan makers (Jul 9)
Taiwan solar cell makers hope for higher EU anti-dumping tariffs on China-made PV modules (Jul 15)
Emerging solar market growth dominates Solar Taiwan 2013 forum (Jun 19)
LDK reports falling 1Q13 revenues (Jun 13)
Solar trade dispute spreads to wine industry; gets personal (Jun 7)
Yingli Solar comments on Europe preliminary anti-dumping duties (Jun 6)
Neo Solar Power sees May revenues grow 8% sequentially (Jun 5)
Europe sets 2-month 11.8% trade tariff on China solar panels (Jun 5)
NSP, DelSolar complete merger (May 31)
Hanwha SolarOne sees 1Q13 revenues increase 33% sequentially (May 31)
Digitimes Research: Emerging solar markets see rapid installation growth in 1Q13 (May 3)
REC reports 24% sequential decrease in 1Q13 revenues (Apr 26)
Digitimes Research: China solar makers faced with high debts and government policy shifts (Apr 17)
Digitimes Research: Solar incentive programs aim at steady growth till grid parity (Apr 10)
Commentary: TSMC holds key to future of Taiwan solar industry (Apr 2)
Suntech executives hope to continue cooperation with Taiwan solar cell partners (Mar 27)
China reportedly may cut solar incentives (Mar 18)
GCL-Poly sees 2012 revenues decrease 12.4% on year (Mar 15)
Renesola reports 4Q12 revenues increased 40% on-quarter (Mar 14)
Canadian Solar loss widens in 4Q12 (Mar 12)
Taiwan solar makers see rising orders in February and March (Mar 7)
Taiwan solar cell quotes remain unchanged (Mar 5)
Trina Solar reports 2012 revenues down 36% on-year (Feb 27)
Europe polysilicon makers seeking cooperation with Taiwan solar wafer makers (Feb 27)
Commentary: Solar cells are the most likely casualties in trade war (Feb 26)
China-made solar module registration in Europe may begin in March, say solar makers (Feb 25)


Related news from other sites
EU solar duties targeting China could backfire (May 9) - Xinhuanet
EC proposed China solar panel tax angers AFASE (May 9) - Energy Matters
China to protect solar panel firms from EU tariff plan (May 9) - The Wall Street Journal
Europe green central planning (May 9) - The Wall Street Journal
Europe solar importers defend China-based firms in anti-dumping case (February 19) - New York Times

Top

© DIGITIMES Inc. All rights reserved.
Please do not republish, publicly broadcast or publicly transmit content from this website without written permission from DIGITIMES Inc. Please contact us if you have any questions.