Following reports last week that the European Union was considering scrapping import controls on solar panels and cells from China, the European Commission has announced that it will remove trade duties on solar panels and cells imported from China, Taiwan, and Malaysia.
According to reports from Reuters, the European Union is considering scrapping import controls on solar panels and cells from China next month after a majority of the EU’s Member States backed the move.
A European Commission decision to impose anti-dumping duties would pose significant problems for China’s silicon PV manufacturers, which now find themselves reeling from debt loads, a precipitous decline in prices (largely of their own making), and slowing demand as a result of the ongoing EU debt crisis and slow economic growth. […]
