Solar energy week in review: EU caves to China Imports, as more US homes go solar
The biggest news in solar last week is likely that the European Union’s trade commission didn’t enforce the strict duties on Chinese PV imports that some had expected. Across the pond, however PV installations are still going strong with reports showing that solar does add homeowner value and more. Meanwhile Arizona was named the top solar state in the U.S.—even as its biggest utility is pushing back against solar in its pipeline.
Over the last weekend of July the European Union’s trade commission took up the issues of whether or not to impose steep duties on Chinese PV imports. It had already introduced a preliminary duty on the PV imports, and was set to raise the duty to 47.6 percent of price they were being sold at. However the commission struck a deal with many Chinese manufacturers. Under the deal the manufacturers have to charge a minimum of 56 Euro cents per watt (about 74 U.S. cents per watt). If they sell for less they’re still subject to the tariffs. The agreement also includes a capacity cap. After Chinese PV manufacturers have reached that cap all PV modules from China are subject to the duties.