Crisis in Solar Panels Resolved!

Service
Sep 2013, Tue

Problems Experienced in Solar Panels

For a long time, there were problems between China and the EU regarding the application of "anti-dumping duties" on solar energy systems. In the statement made by China's international radio news agency, it was stated that this problem has been resolved. Accordingly, within the framework of the agreement reached, the solar energy prices exported from China to the EU will not be cheaper than the minimum price of a determined solar panel.

Agreement Regarding Solar Panels

In addition, China will impose restrictions on its exported products, and in return for the agreement reached, the EU will not apply anti-dumping to solar panels exported by China. The agreement reached throughout China has been positively received by the authorities. Furthermore, Foreign Minister Wang Yi, in his statement on the subject, argues that reaching a price commitment is more beneficial for both parties and indicates that he favors the work proceeding in this manner.