Europe Solar Panel Tariff

The effective date of the tariffs is february 7 2018.

Europe solar panel tariff.

Up to 2 5 gigawatts gw of unassembled solar cells can be imported. The european commission over the weekend extended its punitive import tariffs and price controls on solar panels from china which were originally due to expire today monday 7 december. This corresponds to a recent analysis conducted by greentech media. Panel maker first solar inc.

European commission extends unfair import tariff on chinese solar panels. The nearly 25 percent tariff applies to all imported solar photovoltaic cells and modules the main technology on panels that convert solar energy into electricity. For a typical american homeowner that represents only a 3 to 4 increase in the cost of a solar panel installation. If sold for less they are subject to a duty.

Chinese solar panel makers are allowed to sell their products in europe free of duties if they do so at a minimum price that has progressively declined. Market experts estimate that the impact of the tariff in year 1 will be between 0 10 to 0 12 per watt. The tempe arizona based manufacturer stands to gain as costs for competing foreign panels rise. Jumped 9 percent to 75 20 in after hours trading in new york.

The european commission decided on friday 31 august to eliminate anti dumping tariffs on chinese solar panels saying the decision will help the eu achieve its renewable energy goals. The move based on a so called 201 case requiring proof of serious harm from unfair global competition put tariffs on 8 5 billion in solar modules and cells starting at 30 in year one and. The tariff level was set at 30 with a 5 declining rate per year over the four year term of the tariff see table below. The european commission has said that the tariffs are designed to.

According to industry association solarpower europe the eu tariffs will add at least 500 to the cost of a household installation. European commission extends unfair import tariff on chinese solar panels.