solar cell dumping by China

Solar-dumping: Action against China SOLAR ENERGY
A Berlin man in front of his house, which is equipped with solar panels on the roof
Struggles with an anti-dumping action, the European solar industry against cheap imports from China: The EU Commission a complaint had been filed against manufacturers of the country, confirmed Milan Nitzschke, spokesman for the new EU initiative ProSun, the trade paper. "The action is supported by the majority of European industry."

Behind the alliance, therefore there are 25 companies from Germany, Italy, Spain and other EU countries. These include, among others in Germany, the Bonn-based company, SolarWorld and Sovello from Bitterfeld-Wolfen.

In Germany, numerous companies in the industry have filed bankruptcy, others are struggling for survival. In addition to the reduction of government subsidies make cheap imports from China responsible for their crisis.


Prices below cost

"The Chinese companies are supplied with billions in loans and, despite massive losses of their products at prices below their production costs," criticized Nitzschke. SolarWorld CEO Frank Asbeck said the newspaper, not the action in Brussels targets to increase the prices for solar panels, but the fact that the disastrous price war would be stopped.

Punitive tariffs of up to 250 percent

Federal Environment Minister Peter Altmaier (CDU) had taken last week, even an anti-dumping action into play. In the U.S., Chinese imports are Solar occupied since May, with punitive tariffs of up to 250 percent.