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Analog Devices, Inc. Message Board

  • onedanelectroman onedanelectroman Mar 5, 2013 6:19 PM Flag

    weakness in china solars

    i believe this is the source. the usa tariffs were the reason it crashed last time. they have talked eu tariffs for a while now, but this puts a date on possible action. would you commit to a big project now knowing the govt will be looking for cash?

    //UPDATE 1-EU readies for retroactive duties on China solar panels

    Tue Mar 5, 2013 11:06am EST

    * EU investigation into Chinese exports of solar panels

    * Alleged dumping of and subsidies for Chinese panels

    * Registration would allow back-dating of duties, if set (Adds reaction from pro- and anti-duty groups)

    BRUSSELS, March 5 (Reuters) - European Union duties on solar panels coming from China could take effect retroactively from this month after the European Commission ordered EU customs officials to start registering imports of them from Wednesday.

    The European Commission last September launched an investigation into whether Chinese solar panels were being dumped in EU markets and in November began a study into allegations of illegal subsidies.

    The Commission has until June 6 to impose provisional duties on the imports if it believes they are justified. The deadline for imposing definitive duties, which would require a vote by member states, is Dec. 5.

    With the registration of imports, dumping duties could be back-dated to March 6, however.

    With Chinese solar panel exports to the EU of 21
    billion euros ($27.3 billion) in 2011, the investigation is by far the largest the Commission has ever launched.

    The EU ProSun group of 25 solar panel producers, which wants duties, and the association of importers and installers, AFASE, which opposes them, agreed on one thing - registration would have an immediate impact on the market.

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